In August 2010, the Rimba Raya conservation project in Central Kalimantan, Indonesia hit the headlines. “Indonesia project boosts global forest CO2 market,” Reuters reported. But there’s a catch. Two companies that are responsible for vast greenhouse gas emissions are involved in the project: Shell and Gazprom.
Tag: Carbon accounting
Shift2Neutral in the Philippines, or how to make a Porsche “carbon neutral”
In response to last week’s post about an Australian carbon trading company, Shift2Neutral, REDD-Monitor received a statement from CoDe REDD in the Philippines (posted below). The Climate Change Commission wrote to Shift2Neutral recommending that the company’s “carbon credit activities be held in abeyance,” until the commission has “promulgated the guidelines and the rules addressing this…
Australia’s big REDD carbon scam
The description of Australia as “the lucky country” comes from a 1964 book by Donald Horne. The final chapter starts with the words, “Australia is a lucky country, run by second-rate people who share its luck.” It is a particularly appropriate way to describe how Australia has benefited from the international climate negotiations.
“We must take advantage of low-hanging fruit solutions such as forest conservation”: Interview with Jeff Horowitz
Two interviews with Jeff Horowitz, the founder of Avoided Deforestation Partners, were published earlier this month. The interviews reveal a great deal about why AD Partners is so interested in carbon trading. For example, Horowitz estimates that “protecting tropical forests will cut the cost of U.S. climate legislation almost in half – saving Americans billions.”…
Why a price on carbon will not stop deforestation
Three straws in the wind: Two pieces of policy news and a new piece of research. Two weeks ago, a leaked document from the EU revealed that the European Commission and some member states hope to include oil palm plantations in the definition of forests.