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July 2009

Carbon Cap and Trade - green gambling?

You've heard of credit default swaps and subprime mortgages. Are carbon default swaps and subprime offsets next? If the Waxman-Markey climate bill is signed into law, it will generate, almost as an afterthought, a new market for carbon derivatives. That market will be vast, complicated, and dauntingly difficult to monitor. And if Washington doesn't get the rules right, it will be vulnerable to speculation and manipulation by the very same players who brought us the financial meltdown.

Ökologisch produziertes Palmöl kauft niemand...

Margarine, Kosmetika, Putzmittel, Eis und eine Beimischung in Biotreibstoff: Palmöl ist vielfältig einsetzbar und mittlerweile fixer Bestandteil im Alltag. Obwohl die Preise für Palmöl im vergangenen Jahr gefallen waren, läuft das Geschäft mit Palmöl. Weltweit werden jährlich mehr als 43 Millionen Tonnen Palmöl produziert.

Ecological produced palm oil - nobody want's to buy...

KUALA LUMPUR, Malaysia -- European consumer groups and nongovernmental organizations have said they want environmentally friendly palm oil. Malaysian producers of palm oil that have made the switch are discovering that it is still a hard sell.

China stimulus plans to push global Pulp&Paper?

 

LONDON, Jul. 23, 2009 (RISI) - Recent weeks have seen the first signs of a hoped-for trickle down effect on the pulp and paper industry from China's massive economic stimulus package.

Issue date: 
May 18, 2009

A profitable rainforest!(?)

A MOST unusual document landed on your correspondent’s desk recently: a financial report from a rainforest. Iwokrama, a 370,000-hectare rainforest in central Guyana, announced that it was in profit. It added, more intriguingly, that rainforests had entered the “global economy”.

Waxman-Markey: How US lobbying works

 

July 14, 2009: The landmark American Clean Energy and Security Act of 2009 that narrowly passed through Congress on June 26 has come under fire by environmental critics who see the pared down measure as too little, too late. Originally proposed by Reps. Henry Waxman (D-CA) and Edward Markey (D-MA), the bill went through the wringer on the Hill, coming out with a number of amendments and omissions.

UK: Woodland creation part of national Low Carbon transition strategy

July 15, 2009: The UK has released its Low Carbon Transition Plan. The Plan plots out how the UK will meet the cut in emissions set out in the budget of 34% on 1990 levels by 2020.

EU grants € 4.5 million to EFI in order to push FLEGT

June 23, 2009: European Commission contributes € 4.5 million to EU FLEGT Facility hosted by EFI to fight illegal logging

Climate change happens: beetles to destroy American forests

4.7.2009: America's 4 July bonfires served a dual purpose yesterday. They burned the wood of trees destroyed by a trio of bugs that are devastating parts of the nation's forests.

With 750 million acres of forests in the United States, the scale of the problem is massive. Since 1999, the country has lost, on average, 1 per cent of its tree cover per year. This means these small insects have killed about 10 per cent of all US forests in 10 years.

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by Dr. Radut