Just wanted to say hi. Nice chart & comments. I can't really focus on the market too much right now as I'm under a deadline, and sad to be back in NYC! Speaking of superhiking, or no superhiking:
The world's first full satellite survey of global forest cover has revealed mankind is likely to have destroyed more tree cover than thought.
It suggests many countries have over-estimated the amount of forests they have left.
The findings will worry environmental groups because the forests not only help regulate the atmosphere but provide homes for many of the world's most endangered species.
The satellite survey was organised by the United Nations Environment Programme Unep.
Unep believes conservation efforts should now be concentrated on 15 countries which together have more than 80% of the world's most important forests.
Klaus Topfer, Unep's executive director, said this wouldn't prevent another decade of deforestation but would keep it to a minimum.
The figures have surprised nations including Canada which had estimated 45% of its land was forested - the survey has showed it is closer to 37%.
In one series of satellite images taken since 1975 the Rondonia region of Brazil is seen to become deforested around a forest road in a fishbone pattern.
Just 15 countries account for more than 80% of the 7 billion acres of closed forest in the world.
Russia is the most heavily forested country followed by Canada, Brazil, the US, Democratic Republic of Congo, China, Indonesia, Mexico, Peru, Colombia, Bolivia, Venezuela, India, Australia and Papua New Guinea. |