(pressebox) Beijing, 29.09.2009,
BEITEN BURKHARDT advises RWE Power Climate Protection China GmbH on the establishment of a Clean Development Mechanism (CDM) joint venture in China.
International commercial law firm BEITEN BURKHARDT has comprehensively advised RWE Power Climate Protection China GmbH, a wholly-owned subsidiary of RWE Power AG, on all legal issues and on all agreements related to the establishment of a CDM joint venture with Shanxi Dubao Clean Energy Resources Investment Co., Ltd.
On 18 September 2009, the two partners jointly signed the agreements on a joint venture in the province of Shanxi/China, the objective of which is turning mine gases harmful to the climate into environmentally-friendly electricity. With a first mine gas project in the province of Shanxi the joint venture plans to develop a CDM project in the short term, which is designed to avoid about 1.5 million tons of carbon dioxide emissions in the next ten years. Other joint projects are planned for converting methane-rich mine gas, which is 21 times more harmful than CO2 in its effect on climate change.
Instead of letting the gas extracted from the mines escape into the atmosphere in its untreated form, the CDM projects convert the gas into electricity.
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