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Shell and Natural Climate Solutions: US$300 million for carbon offsets

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REDDisms

If government policy is behind the majority of deforestation, it is hard to see how cash payments through REDD would bring change. In Indonesia, the government-sponsored palm-oil industry generated more than $12 billion in government revenues alone in 2010 – much more than the $1 billion offered by Norway to establish REDD. Even if the carbon market works, REDD cannot compete.

— Andy White, Rights and Resources Initiative, March 2011

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Recent Comments

Chris Lang on Democratic Republic of Congo plans to lift logging moratorium
Chris Lang on Response from Kurt Kaiser, Director of Compass Carbon: “Your article was of great concern to us”. And some questions for Kaiser from REDD-Monitor
Dan Engel on Northern Powerhouse Developments: Another “investment” scheme promoted by Property Frontiers collapses
Brendon S. on Civil Society statement rejects Coalition for Rainforest Nations’ REDD deal in Papua New Guinea: “How can PNG sign up and subscribe with a Carbon Credit Scheme that is not officially recognised by any bona fide and legitimate international authorities?”
Someone Mark tried to scam on Response from Kurt Kaiser, Director of Compass Carbon: “Your article was of great concern to us”. And some questions for Kaiser from REDD-Monitor

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