The majority of CDM projects favour
cheap emissions abatement to the detriment of the sustainable development requirement.
Not exact matches
As an economy reduces its
emissions it will start with the
cheapest abatement measures (energy savings) and then move to the more expensive measures by replacing energy - using equipment and switching from high -
emission sources such as coal to low
emission sources such as natural gas and nuclear power.
Allen seems to either imply that all the other
cheaper and / or competitive
abatement solutions are «a waste of money», OR he is advocating to set the eventual price signal higher than most economists think it needs be to get large reductions in
emissions.