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  • Author:
  • Published: Aug 29th, 2010
  • Category: Asia
  • Comments: 8

U.N. carbon funding key for China clean coal developers

* Chinese developers say USC requires CDM to be viable

* Technology already mature, costs falling, says World Bank

BEIJING, Aug 25 (Reuters) – Developers of clean-coal power plants in China fear for the viability of their projects after a U.N. carbon-credit scheme denied funding for a similar plant in India at the end of July.

They said “ultra-supercritical” (USC) power stations would struggle without funds earned through the U.N.-backed Clean Development Mechanism (CDM) that lets rich countries invest in clean energy projects in developing countries.

Continue Reading at Reuters

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8 Responses to “U.N. carbon funding key for China clean coal developers”

  1. Tai YL
    on Oct 19th, 2010
    @ 1:34 am

    please advise me in carbon credit business as i have land deal 250,000 hectares


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