Word: co2
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Dates: during 2000-2009
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...quantity of greenhouse gases per year? Answer high-tech Japan or industrial Germany, and you flunk. A holographic Al Gore will be beamed over to give you remedial lessons. It's rural Indonesia, which emits 3.3 billion tons of carbon dioxide annually--almost entirely from deforestation. Living trees absorb CO2, and as they are cut down or burned, they release their stored carbon into the air. Trees also absorb sunlight, warming the earth, but in the tropics their ability to absorb CO2 and promote cloud formation has a net cooling effect. In addition, thinning forests mean fewer trees to soak...
...that's beginning to change. The World Bank is raising $250 million for a pilot fund to support projects that would encourage governments and companies in the developed world to pay for preserving trees in the tropics in exchange for carbon credits that grant the right to emit CO2. It is a small step, but it represents one of the first attempts to use the tools of carbon finance to save the 32 million acres of forest destroyed each year. Existing carbon-credit programs focus on industrial emissions; this initiative extends carbon trading to the big chunk of CO2 emissions...
...avoided deforestation takes off, the benefits will go well beyond reducing CO2 emissions. Tropical forests are rich in biodiversity, but there's been no way to make money from keeping them pristine--until now. Giving tropical countries carbon credits for the greenhouse gases saved when trees are preserved puts a market price on maintaining forests as forests. And that allows conservation to compete economically with destructive logging and ranching. Instead of clearing trees, the rural poor could earn a living from the sale of carbon credits for preserving forests. "You can address poverty reduction [and] biodiversity cultivation and deal with...
...From 2000 to 2004, the annual growth rate for CO2 emissions was 3%, nearly triple the rate from...
...Some, such as the service in Santa Monica, are run by local governments hoping to encourage cycling to reduce CO2 emissions and ease traffic congestion, and are funded through parking fines and permit fees. Others are operated by advocacy groups and entrepreneurs...