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Showing posts with the label Theo Yausause. Carbon Trading

Is Papua New Guinea too Risky for the Carbon Market?

STEVE ZWICK On Monday, an article attributed to the Australian Associated Press (AAP) reported that Papua New Guinea Prime Minister Michael Somare has officially denounced voluntary carbon schemes as being too risky.  The article – widely replicated in blogs and news outlets – said that Somare was encouraging forest owners to wait for a formal UN REDD regime before preserving their forests to earn credits for saving rainforests.  The message, however, is not posted on Somare's web page , and the voluntary programs he's denouncing were never verified to any recognized standard. It's just the latest in a series of weird signals to come out of PNG, which is under fire on both the compliance and voluntary carbon fronts. On the compliance front, PNG's handling of the REDD+ Partnership drew fire at UN Climate-Change talks in Tianjin, where scores of participants accused their negotiating team of stifling efforts to bring small landowners and indigenous groups into t

Is Papua New Guinea too Risky for the Carbon Market?

STEVE ZWICK On Monday, an article attributed to the Australian Associated Press (AAP) reported that Papua New Guinea Prime Minister Michael Somare has officially denounced voluntary carbon schemes as being too risky.  The article – widely replicated in blogs and news outlets – said that Somare was encouraging forest owners to wait for a formal UN REDD regime before preserving their forests to earn credits for saving rainforests.  The message, however, is not posted on Somare's web page , and the voluntary programs he's denouncing were never verified to any recognized standard. It's just the latest in a series of weird signals to come out of PNG, which is under fire on both the compliance and voluntary carbon fronts. On the compliance front, PNG's handling of the REDD+ Partnership drew fire at UN Climate-Change talks in Tianjin, where scores of participants accused their negotiating team of stifling efforts to bring small landowners and indigenous groups