UNITED NATIONS — They are the carbon offsetting projects most hated by environmentalists, but there may now be an opportunity to put an end to them. Currently, there are five coal-fired power plants registered as emission reduction projects under the Clean Development Mechanism (CDM), an international offsetting program run by an arm of the United Nations. Pressure from developing nation governments led to their inclusion in the program, as supporters claim the newer supercritical coal plants avoid carbon dioxide emissions by preventing dirtier plants from being built instead.
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U.N. Panel Calls for Offsets to New Coal-Fired Plants to Be Suspended