Thursday, August 16, 2007

Kyoto actually promotes deforestation

An FT article supports my position that failure to credit developing countries for not cutting down their existing forests makes them attractive targets. There are some details there but, essentially, its a matter of carbon credits for reforestation and the chance to bung some cash crops down on clear-cut land against no carbon credits for leaving your forests intact and missing out on any cash crops you could plant in their place.


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