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Clean Development Mechanism to Reduce Green House Gases
Keeping the issue of global warming in mind, renewable energy is vital as this has an attractive attribute that the fuel is free from emission. The market based mechanisms like Clean Development Mechanism (CDM) is a process which assist the development of renewable energy. The objective of this paper is to describe the pros and cons of this mechanism which support the renewable energy projects and make them attractive in terms of investment.
Keywords
Clean Development Mechanism (CDM), Climate Change, Renewable Energy.
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