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The Clean Development Mechanism (CDM) of the Kyoto Protocol has approved its fir ...

The Clean Development Mechanism (CDM) of the Kyoto Protocol has approved its first emissions trading project - the NovaGerar landfill gas to energy project in Rio de Janeiro, Brazil. The Netherlands CDM facility will buy 2.5mn tonnes of its carbon dioxide emissions savings at 3.35 euros/t, totalling 8.4mn euros, reports Keith Nuthall.
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