06 Feb '11, 10pm

Could carbon markets become obsolete?

SINGAPORE - It should be a happy headache for environmentalists. Yet the possibility of carbon markets becoming obsolete within the next one or two decades - as industralised countries cut their carbon emissions - could have dire consequences, according to three researchers. Currently, carbon markets provide a rich source of funding for United Nations-backed conservation scheme REDD+. The idea is for industrialised countries to offset their own emissions by buying carbon credits from developing countries, thereby giving communities in the latter group an incentive to protect their forests and preserve endangered species. More than just preventing deforestation and forest degradation, REDD+ also includes the possibility of offsetting emissions through "sustainable forest management", "conservation" and "increasing forest carbon stocks". But in a paper recently published in ...

Full article: http://www.todayonline.com/Singapore/EDC110207-0000082/Co...

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Could carbon markets become obsolete?

Currently, carbon markets provide a rich source of funding for United Nations-backed conservation scheme REDD+. The idea i...

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{ "market" : {"NAME" : "", "ID" : "sg", "TZ" : "", "TZOFFSET" : "28800", "open" : "", "close" : "", "flags" : ""} ,"STREAM...

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{ "market" : {"NAME" : "", "ID" : "sg", "TZ" : "", "TZOFFSET" : "28800", "open" : "", "close" : "", "flags" : ""} ,"STREAM...

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straitstimes.com 07 Feb '11, 3pm

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