Friday, September 6, 2013

UN making money with carbon certificates - no one asks for accountability as to what does UN do with all this "surplus" ? !

The trust for the United Nations Clean Development Mechanism, the operator of the world’s biggest greenhouse gas credit program, had an operating surplus of $82 million in the 18 months through June 30, as offset supply increased.
Fees and other income amounted to $141 million in the period, compared with expenses of $59.2 million, according to data in a statement on the website of the UN Framework Convention on Climate Change. The Bonn-based trust was holding $201 million, including funds carried over from the previous period, the UN said.

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