Mechanism (CDM). The results from this study indicate that the Kyoto obligations have a reducing effect on CO2 emissions in …

The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate …-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects … since 2002. Using pooled cross-sectional data of 486 registered CDM wind projects in China from 2002 to 2009, we examine the …