Truth about Kyoto: huge profits, little carbon saved -- The Environmental Lounge

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Subject: Truth about Kyoto: huge profits, little carbon saved

Author:
larry

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Date Posted: 08:00:25 06/03/07 Sun

well gee did any one think kyoto was about redusing carbon. its all about the cash.

http://business.guardian.co.uk/story/0%2C%2C2093816%2C00.html

In autumn 2005, three journalists working for the environmental group the Centre for Science and Environment decided to investigate some of the Indian projects which were trying to break into the lucrative new business of carbon trading.
They started looking at four schemes in Andhra Pradesh which were trying to convert biomass - dead plants, animal dung - into fuel. They studied the formal reports which the schemes had commissioned from a UK company, Ernst and Young, to satisfy the demanding requirements of the UN's Clean Development Mechanism. And they noticed a very odd thing.
Each of the four Ernst and Young reports had had to consult people near the proposed schemes to ensure that there was no risk to the local economy or environment. One report quoted three different community leaders, each expressing enthusiastic approval for the project and concluded: "Poor farmers are getting reasonable monitory gains for harvesting the available biomass and supplying it to project activity."

What was odd that with two of the other schemes, each many miles from the other, Ernst and Young quoted three sources who had the same job descriptions, the same opinions, summarised in precisely the same words which even included the same spelling mistakes (Secretry, monitory). In the fourth case, the wording was slightly different, but the opinions were the same, and it too concluded that "poor farmers are getting reasonable monitory gains etc."

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Replies:

Subject	Author	Date
The problem is..	DE	04:13:46 06/04/07 Mon
I hear Al Gore is getting rich selling bogus emissions credits to Big Oil and Hollywood luminaries... -- bubba, 08:01:16 06/04/07 Mon