“The inclusion of a return for carbon sequestration may mean that investment in plantations that were previously less attractive financially, such as those grown for sawlogs over longer rotations or on lower productivity sites, will become much more attractive.The trees are destined for the sawmill - they're plantation grown expressly for that purpose. What they aim to do here is put an additional incentive on the tree plantations to keep people from converting those lands to more financially productive uses (like ranches.)
Mr Bush made it clear that he regarded new technology as the key to halting global warming. And he indicated that he believed the Prime Minister was ready to "move beyond the Kyoto agenda" and focus on techniques such as placing carbon dioxide in underground wells rather than on a regime of limits on emissions.Brilliant! See, the problem with the carbon dioxide is that it's ... in the SKY! So, we take it out of the sky, and we put it ... in the GROUND!
“The inclusion of a return for carbon sequestration may mean that investment in plantations that were previously less attractive financially, such as those grown for sawlogs over longer rotations or on lower productivity sites, will become much more attractive.you'll see on the nsw govt. forests about page that they own 2 million hectares of native forest, plus an expanding estate of hardwood + softwood forests. perhaps it could be read that the government is buying out farmers, but i'd doubt it - the prices for farmland in nsw is astronomical, thanks to urban folk seachanging.
The trees are destined for the sawmill - they're plantation grown expressly for that purpose. What they aim to do here is put an additional incentive on the tree plantations to keep people from converting those lands to more financially productive uses (like ranches.)
Frankly, If you don't live in New South Wales, this is probably not a good deal for you.as they point out, Forests NSW is the world’s first independently audited and scheme-approved supplier of forest sequestration credits within a greenhouse gas abatement scheme. i don't know of any others, and as an aussie who grew up in nsw with a plantation near the olds place, it's very much a "in my backyard" type scheme. the carbon emissions of the average australian per year is hefty too @ 28 tonnes per year - perhaps there's something else similar in the US - and it's great to see alternatives like terrapass.
This sounds like a scam to me. If not, why do the organisations listed as "partners" not have links back to this site? Can you imagine a bank being involved with this and then not publicising it?carbonplanet has been live as a site for about a month. as such as new business, one would imagine that before you hand your money over, you want proof that they're the real thing. checking a couple of the other sites - none of them list their partners, quite possibly because they don't need/want to. i can imagine a bank not publicising it very much - because some of their main customers (hello chemical companies) are responsible for the very mess that carbon credits are about cleaning up. greenpeace.org.au have no mention of their bank either - possibly for the same reason.
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I would also love to see a subscription-matching model that was sponsored by government or industry.
For every X actions taken to actually reduce my own carbon footprint, the sponsor would purchase/sponser a carbon sink resource matching in kind. Say, I committed to bicycle commuting or clean transport, or energy reduction.
Or even a system where my carbon footprint was outright purchasable for use in other areas.
posted by loquacious at 3:02 AM on July 3, 2005