The Clean Development Mechanism (CDM) is the leading international carbon market and a driving force for sustainable development globally. But the eruption of controversy over offsets from Chinese wind power has exposed cracks at the core of how carbon credits are verified in developing...

"In the first decade of the twentieth century, the world witnessed tremendous upheaval in global energy markets. Oil markets were roiled by war and uprisings in the Middle East while economic expansion helped to push prices to near record (real) highs. Natural gas production in the United States...