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Published online 9 December 2008 | 456, 686-687 (2008) | doi:10.1038/456686a
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UN suspends leading carbon-offset firm
Emissions trading rocked as Norwegian company is left in limbo.
As international climate talks began last week in Poland, the United Nations (UN) suspended the work of the main company that validates carbon-offset projects in developing countries, sending shockwaves through the emissions-trading business.
Based in Oslo, Det Norske Veritas has in the past four years validated and certified almost half of the 1,200 projects approved under the 1997 Kyoto Protocol's Clean Development Mechanism (CDM).
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Enviro-whinerism is inherently corrupt? Carbon credit arbitrageur Al Gore, Jr. is a self-serving bunko artist? Shocked I am, shocked and amazed. Only the Carbon Tax on Everything can Save Our Children from the future!