It has been said that the tropical rainforests are “The Lungs of the Earth.” If this is true would they not be among the most valuable parts of the planet?
Greenpeace and other skeptics of carbon credits generated through avoided deforestation always seen to overlook a simple solution to the fear of “under-priced carbon credits flooding the market.” Place a floor on the price of all carbon credits. Instead of limiting the percentage of forestry credits in the marketplace (as in the current EU ETS), require that a certain percentage of credits come from forestry projects.
The Trillion $$$ carbon market is the rainforests’ best hope of survival, and the planet’s.
Dan T
@TreeBanker
