Australia: Climate diplomacy repercussions of corrupt Aussie politicians laying waste to Tiwi Island
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Tiwi Islanders have missed out on potentially millions of dollars from carbon trading, an expert from Charles Darwin University says. The director of the university’s School for Environmental Research, Professor Stephen Garnett, has written a paper on carbon trading opportunities on the Tiwis. Professor Garnett says the Tiwi forests that have been logged by Great Southern Plantations may have earned up to $110 million if they had been bought by a company wanting to offset their carbon emissions.
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Tiwi Islanders have missed out on potentially millions of dollars from
carbon trading, an expert from Charles Darwin University says. The
director of the university’s School for Environmental Research,
Professor Stephen Garnett, has written a paper on carbon trading
opportunities on the Tiwis.
Professor Garnett says the Tiwi forests that have been logged by Great Southern Plantations may have earned up to $110 million if they had been bought by a company wanting to offset their carbon emissions. “They had just over 4,000 hectares of forest land for which they had permits to clear,” he said.
“And they could have kept those uncleared if they had sold the carbon in those forests on the carbon market. “But instead they did go ahead and clear the land and turned it into plantations.” A Senate committee is currently holding an inquiry into forestry operations on the Tiwi Islands.
“They had just over 4,000 hectares of forest land for which they had permits to clear,” he said. “And they could have kept those uncleared if they had sold the carbon in those forests on the carbon market. “But instead they did go ahead and clear the land and turned it into plantations.” A Senate committee is currently holding an inquiry into forestry operations on the Tiwi Islands.
Get full text; Support da’ word producer:
http://www.abc.net.au/news/stories/2009/03/26/2526654.htm
All news about Australia:
http://forestpolicyresearch.com/category/oceania-tree-news/australia/
This issue was recently covered here:
http://forestpolicyresearch.com/2009/03/16/australia-aussie-greens-demand-to-know-details-of-logging-and-mining-on-tiwi-islands/