Study: ‘The vast majority of carbon credits generated by Russia and Ukraine did not represent cuts in emissions’
Carbon credits undercut climate change actions says report - BBC News
The authors say that offsets created under a UN scheme "significantly undermined" efforts to tackle climate change. The credits may have increased emissions by 600 million tonnes. In some projects, chemicals known to warm the climate were created and then destroyed to claim cash.
http://www.bbc.com/news/science-environment-34042115