Carbon market encourages chopping forests: study

The current carbon market actually encourages cutting down some of the world’s biggest forests, which would unleash millions of tonnes of climate-warming carbon into the atmosphere, according to a new study reported in the August Public Library of Science Biology. Under the Kyoto Protocol, there isn’t a profitable reason for the countries with 20% of earth’s intact tropical forest to keep them. Various talks and treaties on global warming only look at giving carbon credits for planting new trees where forests have been destroyed, not preventing the destruction of existing forests.

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