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REDDisms

“With current rules ETS won’t work until 2045, thus carbon is worthless. With the current emissions cap – 1.74 percent reduction per year – the ETS will be long each year until 2025 and it will take until 2045 before the current 1.5 billion tons surplus inventory has been eliminated.”

— Per Lekander, an analyst at UBS, January 2013

Recent Comments

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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

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)
Democratic Republic of Congo plans to lift logging moratorium
Fortress conservation in Wildlife Alliance’s Southern Cardamon REDD+ Project: evictions, violence, and burning people’s homes. “We’re proud of our work. The forest, the wildlife, you come to feel they’re yours.”
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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