Six Chinese companies have been suspended for alleged fraudulent carbon trading

Source: Internet
Author: User
Keywords State-owned enterprises industry is referred to six
Nanfang Daily News (reporter/Su tao xiang Intern/Tian Wenbo) According to the latest report of the UN Clean Development Mechanism Executive Board (EB), a total of 6 Chinese chemical companies have been cheated by arbitrage in international carbon trading. According to the information disclosed by the Executive Board of the United Nations clean Development Mechanism, these 6 Chinese enterprises are, Zhejiang Juli Co., Ltd., Shandong Dongyue Chemical Co., Ltd., Jiangsu Changshu three Love Fu Hao chemical New Materials Co., Ltd, Zhejiang Dongyang Chemical Co., Ltd., Zhejiang Linhai Limin Chemical Co., Ltd.  Shandong Fluoride Chemical Technology Co., Ltd.  The Executive Board of the United Nations Clean Development Mechanism (CDM) has issued investigation requests to the companies involved and ordered the 6 companies to explain and clarify the relevant data for the 8 CDM projects previously reported.  It is reported that up to now, the UN EB issued a total of 400 million tons of CERs (CERs), the suspension involved a limit of 3%. 16 CDM projects were halted, involving 6 Chinese companies with 8 CDM projects, with a total of 126.17 million tonnes of carbon credits. The proportion of Chinese enterprises to be stopped is a shame.  This is the third time in December 2009, August 2010, after the UN Clean Development Mechanism Executive Board (EB) cut off China's 10, 20 CDM projects, Chinese enterprises have been "patronage." In fact, before the 8 CDM projects in China were investigated, the UN Clean development Mechanism Executive Board had rejected 10 Chinese companies ' wind power CDM projects on the eve of the Copenhagen Conference, and at the 55th meeting of the Executive Board of the United Nations Clean Development mechanism in August, China's 19 wind power and hydroelectric CDM projects were again rejected.
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