Carbon trading 'not cutting CO2'
Updated on 07 February 2007
A Channel 4 News probe has found some carbon trading schemes rich countries pay into, may not be adding to global cuts in emissions.
Watch the report
In other cases they may, in fact, be damaging the local environment.
One of the main planks of tackling global warming is carbon trading between rich and poor countries.
That's where rich countries, like the UK, pay developing countries to cut their emissions - buying what's called 'carbon credits' from them, enabling the wealthy places to carry on emitting.
The whole scheme is called the Clean Development Mechanism or CDM.
Related links:
Feeling the heat
