RE: Carbon Deal, by Infinite Infinite writes of recent articles on Brazil, rain forests and carbon credits,
"...article from Reuters...."
You forgot to provide a link! This is ok. I am familiar with recent events.
For readers, in a nutshell, no carbon credits are issued for "preventing" cutting down rain forests. Carbon credits are issued for planting new trees in areas deforested.
Brazil is refusing to trade carbon credits because of concerns countries like America will buy up those carbon credits to allow companies to continue polluting. Talk to Dubya Bush and big business about this.
Recently, Brazil, working with New Guinea and Costa Rica along with other countries, is proposing a new credit system outside the Kyoto carbon credit system. This is system which pays "cash" for not cutting down rain forests.
Problem is standing rain forests do not provide any financial incentive for preservation. Many countries, more specific, many poor people need to harvest lumber to survive. This is from an economic viewpoint, not environmental. This is understandable; people need to earn incomes.
Preservation of rain forests is critical for the survival of many species, including our human species. Rain forests digest tremendous amounts of carbon dioxide, a greenhouse effect gas, and produce oxygen. Rain forests also produce about one-forth of our Earth's supply of clean water.
Rain forests, next in importance to our oceans, support the greatest numbers of species, many undiscovered, from flora to fauna. Rain forests are home to the greatest number of species save for our ocean home.
This Brazil deal on credits is widely applauded. This is a system which will provide financial incentive for other countries to preserve their rain forests. This incentive is to provide cash, in a sense, which can be used for economic development for a country in need. More simple, rain forest countries will be able to provide alternative sources of income other than harvesting rain forests.
This is not truly a "cash" system but a system of trading credits to allow certain activities during Third World economic development. This system is much like the Kyoto system but addresses specific preservation of rain forests, which Kyoto does not address. This proposed Brazil system provides cash like incentives to develop industries other than harvesting lumber from rain forests.
For trivia, Brazil is virtually a one-hundred percent methanol (alcohol) fuel country with very little need for any foreign oil. Brazil is free of extortion by Mideast oil countries.
Brazil is very modern and very advanced, even when compared to our United States. Brazil is far ahead of all countries in terms of self-dependence and preserving our environment.
Infinite comments on a lack of CSHD / Ecowood appearing in news releases about rain forests. This makes good sense because Harris and company are running a scam operation, in my opinion. Those four-trillion dollars in carbon credits, I am quite sure, are non-existent. Previously I wrote an article on total worldwide value of carbon credits. What Harris claims in value is thousands of times greater than the sum total of carbon credits for our entire world.
My opinion on this non-existence of carbon credits of Harris and company is based on no carbon credits are issued for Amazon logging, no carbon credits are issued for preservation of rain forests. This is what Ecowood is suppose to be all about, if not a scam operation as Ecowood has been for a decade or more. There are no carbon credits associated with Ecowood, none, zero, nada, zippo.
If Harris is to legitimize this, only possible I can think of is a small amount of carbon credits related to mining activities, hinted at by Harris. I am very skeptical this "major titanium" deposit actually exists. A major titanium deposit would already be major news and would already be involved in mining operations. No, my opinion is this is more Harris mule manure.
A few days back I enjoy good laughter thanks to an ignorant pumper. When confronted with this carbon credit issue, he rationalizes, "There is no connection between Conversion Solutions and Ecowood. This does not matter." Then the boy turns right around and returns to claiming CSHD is worth over four-trillion dollars because of the carbon credits; cake, have it, eat it, idiocy.
I am also humored by pumpers claiming Conversion Solutions has more net worth than any company, anywhere. Only net worth of Harris and company is entertainment value. This is the most stupid scam to ever hit the markets, and most surprising, has produced the greatest number of foolish traders to play the markets.
Cannot write I am humored by those great numbers of ignorant foolish traders who actually believe Harris. These are people who wreak havoc upon our stock markets.
No, Harris and company will never be mentioned in any news of importance for worldwide economies. Harris and company are nothing more than a tiny festering pimple on the butt of our worldwide economy, a puss filled pimple about to be squeezed and eliminated.
Purl Gurl
* of great interest, write an article like this at most any other board, you will be banished, as I have. |