Dow and Gazprom sign carbon project agreement

The companies will work together to identify Clean Development Mechanism (CDM) or Joint Implementation (JI) projects that could reduce emissions through implementation of Dow's technologies. They will also look for opportunities in the emerging US carbon market. GM&T will market carbon credits generated by the projects.

"This agreement aligns to our corporate strategy of participating in global offset projects to mitigate CO2 impact," said Rich Wells, Dow vice president of Energy and Climate Chan