[greenyes] FYI... waste is first out the Kyoto gate!

["Eric Lombardi" <eric@no.address>]

First Kyoto Clean Development Mechanism Project Approved. The
Netherlands' Clean Development Mechanism Facility (NCDMF) will purchase
greenhouse gas (GHG) emission reductions from the NovaGerar project in
Rio de Janiero Brazil thus becoming the first such Clean Development
Mechanism (CDM) project approved under the Kyoto Protocol. NovaGerar is
a joint venture of the Brazilian finance company EcoSecurities and SA
Paulista, a Sao Paolo construction firm. NovaGerar will collect methane
gas from two dumpsites and combust the methane to supply electricity to
the grid. Excess landfill gas will be flared, with the combined measures
reducing emissions of methane by 12 million tons over the next 21 years.
CDM is a flexible mechanism of the Protocol that allows OECD countries
to fulfill some of their GHG emission reduction through capacity
building and market creation projects in developing countries. (The
World Bank Group, November 18, 2004,
http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0%2C%2CcontentMDK:20283779
~menuPK:34463~pagePK:64003015~piPK:64003012~theSitePK:4607%2C00.html) 
                                
 
I sure would appreciate it if some of you Zero Waste economist types
would dig into this "CDM" system to educate the rest of us on how it
works and whether or not "organics diversion from landfills" would also
get credit (and money).   Seems to me if someone is getting GHG economic
value for capturing and burning methane from landfills, then what about
those of us reducing the gas before it occurs?  Don't we get credit
somehow, somewhere?
 
Eric Lombardi
Executive Director
Eco-Cycle, Inc
Boulder, CO
303-444-6634
www.ecocycle.org