The generation of palm oil mill effluent (POME) alongside with the production of crude palm oil has created environmental issue for the palm oil mill industry in Malaysia due to its polluting characteristics. POME with its high organic content is a source with great potential for biogas...

CDM projects have large potentials but also face significant obstacles that have so far limited their applicability. Two serious problems that an effective contracting faces are the presence of private information and the lack of sufficiently precise output measures. In a principal-agent...