The debate about whether REDD credits should be included in California’s cap-and-trade scheme continues. This week, a group of social and environmental NGOs wrote to Jerry Brown, California’s governor, opposing REDD and requesting a meeting with Brown and Mary D. Nichols, the Chair of the California Air Resources Board.
Category: USA
BluForest Inc to pre-sell carbon credits from REDD project in Ecuador to non-existent UK company
BluForest Inc claims to be setting up REDD projects in Ecuador. It plans to generate carbon credits from 105,000 hectares of land in Ecuador.
BluForest Inc: “Creating a sustainable, profitable business that protects the world’s irreplaceable rainforests.” Really?
BluForest is a company that investors should avoid, as the market cap of this company has been massively inflated by the stock promotion.
Corruption in Tanzania: President’s men took over, Norwegian aid money disappeared
In February 2013, Siri Gedde-Dahl, a journalist with Norway’s Aftenposten newspaper, investigated corruption in a REDD project in Tanzania funded by Norway. In a recent Aftenposten article, Gedde-Dahl reports that Wildlife Conservation Society of Tanzania, the Tanzanian NGO that was running the project, has collapsed.
Three questions for Environmental Defense Fund about its investments and fossil fuels
In May 2013, Naomi Klein asked, “Why aren’t environmental groups divesting from fossil fuels?” Klein discovered that several of the big US-based NGOs invest in fossil fuels.
