Business Green: Reforms to the UN-backed Clean Development Mechanism (CDM) carbon offsetting scheme designed to expand the initiative and make it easier and more cost effective for emission reduction projects to gain official approval to sell carbon credits moved a step closer to reality last week. At a meeting in Bonn, the CDM’s Executive Board agreed to investigate new rules that would allow carbon capture and storage (CCS) and forestry projects to be included in the offsetting scheme and raise …