Deforestation speed-up in tropical Brazil, Malaysia and Indonesia
Tropical forests are the richest carbon stocks and the most effective carbon sinks the world. Estimates run as high as 418 t C/ha in carbon stock, and 5 to 10 t C/ha a year sequestered, forty percent of which is in soil organic carbon [14] (Sustainable Food System for Sustainable Development, SiS 27). The carbon stock in old growth forests would be even greater, and according to a new study in Southeast China, soil organic carbon just in the top 20 centimetres of such old growth forests increased on average at a rate of 0.62 t C/ha each year between 1979 and 2003 [15]. When tropical forests are cut down at the rate of more than 14 m ha a year, some 5.8 Gt C is released to the atmosphere, only a fraction of which would be sequestered back in plantations.
Posted on 15 Nov 2008 by kj7552
Growing demand for biofuels
Demand for biofuels has been growing as the world is running short of fossil fuels. Oil and gas prices have shot up within the past several years, while the pressure to reduce carbon emissions to mitigate global warming is increasingly pointing to biofuels as one of the main solutions. George W. Bush has offered biofuels to cure his country’s addiction to oil [1].
Posted on 15 Nov 2008 by kj7552
False carbon credits in southern Africa’s Jatropha biodiesel
Under international rules, none of the greenhouse gas linked to the production of biofuels will be attributed to the transport sector. The emission that arise during biofuel production will be counted towards agricultural and industry and or energy sector emissions. Also, all the emissions that come from growing and refining in Third World countries, will count towards those countries’ emissions, so a country importing the biofuel such as the UK can use them to improve its greenhouse gas inventory. This allows rich importing nations to out-source some of their emissions and claim credit for doing so under the Kyoto Agreement [33]. This is how plantations of Jatropha trees have become established in Malawi and Zambia
Posted on 15 Nov 2008 by kj7552
The Carbon credit plan takes step forward
After years of scepticism and doubts over the benefits of the carbon sink project, Thailand is now ready to certify forest conservation projects which will allow investors to claim carbon credits under the Kyoto Protocol pact. Carbon sink projects certified by the Thailand Greenhouse Gas Management Organisation (TGO) will be eligible to claim carbon credits under the Kyoto accord to combat global warming.
Posted on 15 Nov 2008 by kj7552
Historical of Carbon Credit
August 9, 2007 (Yomiuri Shimbun) TOKYO — The government is set to begin discussions on a system that would allow domestic firms to buy and sell greenhouse-gas-emissions-carbon credits, the Yomiuri Shimbun has learned. At a meeting of the foreign minister, environment minister, economy, trade and industry minister and chief cabinet secretary scheduled to be held in mid-August, the Environment Ministry is expected to submit a report prepared in conjunction with the Economy, Trade and Industry Ministry stating that there is a high likelihood a domestic credit-transfer system will be introduced in Australia and the United States, sources said.
Posted on 28 Oct 2008 by kj7552
What is Carbon Credit?
The Greenhouse Effect impact to atmosphere of the Earth so the Group of Eight major nations have plan to resolve by Kyoto Protocol .
The Kyoto Protocol determine the Group of Eight major nations have to pay money for compensation greenhouse-gas-emissions-carbon credits to the atmosphere of the Earth.
Posted on 28 Oct 2008 by kj7552
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