Indonesia hopes to include peat in new climate deal - Reuters

[Eugene]

Source: Reuters

Indonesia hopes to include peat in new climate deal
Mon Aug 27, 2007 12:31AM EDT

By Adhityani Arga

YOGYAKARTA, Indonesia (Reuters) - Indonesia wants
emission cuts from preserving its vast carbon-rich
peatlands to be eligible for trade in a new deal on
combating global warming at upcoming climate talks, a
forestry official said on Monday.

Under the Kyoto Protocol, developed nations can pay poor
countries to cut emissions from activities such as the
manufacture of refrigerants and fertilizers as well as
capturing greenhouse gases from farm waste and rubbish
dumps.

But emissions cuts from forest areas such as peatlands are
not yet eligible for trade, because they were excluded from
the Kyoto Protocol's first round which runs out in 2012.

"In order for Indonesia to properly preserve its peatlands,
the world has to provide incentives, because we know that
peat absorbs carbon more than anything else in the world,"
Wahjudi Wardojo, director general for forestry research at
Indonesia's Forestry Ministry, told Reuters by telephone.

-snip-

Read more: http://www.reuters.com/article/environmentNews/idUSJAK21921820070827

[razzleberry]

1. the carbon offset scam goes on and on ...

developing countries want money for
not doing things

yea sure