What the carbon credit industry has claimed is mostly non-existent from the people I know. The monies have not really reached those that actually know the land and could put productive project in place. There are still people trying to deforest the Amazon with no respect for the lives that rainforest could be saving. I am glad someone finally did the hard work in tracking it all down.
The projects are supposed to support the people that value the forest and not the deforestation of it.
Public protected lands are not up for grabs. It is already supported by the country's citizens because it is highly valued for the reasons it should be valued.
By Terrence McCoy, Júlia Ledur and Marina Dias
...They’ve launched preservation projects across the region, (click here) generating carbon credits worth hundreds of millions of dollars. Those credits, in turn, have been purchased by some of the world’s largest corporations. The projects have helped transform the Brazilian Amazon into an epicenter of a largely unaccountable global industry with sales, according to market research, of nearly $11 billion.
But a six-month Washington Post investigation shows that many of the private ventures have repeatedly and, authorities say, illegally laid claim to publicly protected lands, generating enormous profits from territory they have no legal right to and then failing to share the revenue with those who protected or lived on the land. The use of such lands to sell credits also contributes little to reducing carbon emissions....
The idea carbon credits is the best idea for industries unable or unwilling to change has no basis in fact.
Yeah, Piranhas might make great pets, huh?
