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EU sees limit on industrial projects in CO2 scheme

LONDON (Reuters) - The European Union's top climate official proposed on Wednesday new limits on the use of carbon offsets from industrial gas projects, under fire by green groups, in the EU's emissions trading scheme after 2012.

LONDON (Reuters) - The European Union's top climate official proposed on Wednesday new limits on the use of carbon offsets from industrial gas projects, under fire by green groups, in the EU's emissions trading scheme after 2012.

"The Clean Development Mechanism (CDM) has been successful in some aspects but has also given rise to criticism, e.g. with regard to environmental integrity," said Connie Hedegaard, Commissioner for Climate Action, in a statement.

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