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REDDisms

“You’ve heard of credit default swaps and subprime mortgages. Are carbon default swaps and subprime offsets next? If the Waxman-Markey climate bill is signed into law, it will generate, almost as an afterthought, a new market for carbon derivatives. That market will be vast, complicated, and dauntingly difficult to monitor.”

— Rachel Morris, Mother Jones, June 2009

Recent Comments

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Jag singh on German prosecutors seek arrest of Peter Virdee (AKA “Batman”) for €125 million carbon credit VAT fraud
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Recent Posts

“REDD hasn’t contributed to the structural reforms that would improve the recognition and protection of Indigenous Peoples’ rights”: Interview with Tom Younger, Forest Peoples Programme (part 4)
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AIDESEP warns of “carbon pirates” in Peru
“In the wake of the pandemic the Peruvian Government has been rolling back its social and environmental protections”: Interview with Tom Younger, Forest Peoples Programme (part 3)

Recent Comments

Florian Reimer on The Kariba REDD project in Zimbabwe: From carbon credits to EARTH tokens
Alan G. on Serious Fraud Office opens investigation into Global Forestry Investments
Francesco Tubiello on “Payment for non-performance”: Norway pays Gabon US$17 million for increasing deforestation
Jag singh on German prosecutors seek arrest of Peter Virdee (AKA “Batman”) for €125 million carbon credit VAT fraud
John Young on Net zero is not zero

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