InvestorsHub Logo
Followers 26
Posts 2256
Boards Moderated 0
Alias Born 05/05/2010

Re: grawsha post# 44373

Sunday, 12/12/2010 11:26:00 AM

Sunday, December 12, 2010 11:26:00 AM

Post# of 83074
More Carbon News!

This is good stuff, Grawsha. Thanks for sharing and inspiring me (and others too I hope) to look for more.

I'm sure that there will be much more published in the next few days, so we should continue to search the web under
"Cancun Climate Conference" and
"REDD" (which stands for Reducing Emssions from Deforestation and Forest Degradation)

In general it sounds like people are saying that the Cancun Conf. was a success. A lot of talk about preserving existing forests, but it also includes Carbon Credits. One of the concerns is corruption in the distribution of the money as well as the treatment and exploitation of the locals.

from the article:

CANCUN, Mexico — For a climate change conference that began with universally low expectations, the Cancun meeting achieved surprisingly concrete progress, including an agreement to help preserve tropical forests.

Despite lacking the teeth many wanted, the deforestation provisions offer a way to protect forests through international agreements. Delegates also agreed to set up a fund to help poorer countries adapt to climate change and strengthened the emissions promises made at last year's Copenhagen conference. None of the provisions are binding.

The deforestation framework, known as REDD+ (which stands for Reducing Emssions from Deforestation and Forest Degradation, the + was recently added to denote broader ecosystem conservation) creates incentives to keep forests standing and reduce greenhouse gas emissions. Its supporters say it will help to slow climate change.

and....
But many fear this protection means ownership, and REDD+ has numerous sincere critics. The offset program puts a value on the carbon in trees, which many feel cedes ownership to those who have paid to protect the trees.

here is the link

http://www.globalpost.com/dispatch/mexico/101210/redd-deforestation-climate-change-conference-cancun?page=0,0