No one disputes that deforestation, particularily in tropical locations such as Brazil, is a major problem for the health of the planet and of humanity. However, one also cannot blame tropical countries for engaging in deforestation when they are in desparate need of economic growth for an impoverished populace. A carbon trading solution suggests that an acre of forest left intact might actually yeild more money for a country’s coffers if the carbon sequestering value of that acre could be sold on an open exchange. Critics, however, point out that some degree of carbon trading may help, but it has the potential nagative side effect of discouraging industrial nations for changing their habits by simply letting them pay to pollute. Read more on WBCSD.
Nick Aster is a new media architect and the founder of TriplePundit.com
TriplePundit.com has since grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place.
Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He was instrumental in the creation of TreeHugger.com, managing the technical side of the publication for 3 years as well as an active consultant for individuals and companies entering the world of micro-publishing. He earned his stripes working for Gawker Media and Moreover Technologies in the early days of blogging.
Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.
Follow Nick Aster @nickaster