Friends of the Earth explain why offsetting is a dangerous distraction from the urgent business of decarbonizing the world’s economies. CDM and related offset plans can’t be reformed: they must be scrapped. The following is the Executive Summary of Friends of the Earth’s new report, A Dangerous Distraction, which examines the record of the main offset scheme, the Clean Development Mechanism (CDM). The full report can be downloaded here. Tackling climate change urgently requires major cuts in … [Read more...]