http://greeninc.blogs.nytimes.com/2008/12/10/trouble-in-europes-carbon-offsets-business/?scp=2&sq=business&st=cse Under the Kyoto Protocol, European countries, which function under a carbon cap, can choose to offset their carbon emissions by investing in projects in developing countries that reduce greenhouse gas emissions. This system is known as the “Clean Development Mechanism” and is supposed to save money because such projects will be cheaper in places like India than they are in Europe.
My Response: Just when companies try to reduce costs, there's always those corrupt individuals that raise more cost for their greed. There seems to has been some false documentation and audits that has been going on with Det Norske Veritas, which will cost them more than they expected.
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