30 Apr '11, 2pm

Projected Global OTC Market for #Forest #Carbon #Offsets to Hit $65 Million by 2015 #REDD #climate #GreenMarkets

Each year, approximately six million hectares of forests are lost due to human activity, such as logging, farming, and cattle rearing. To place this figure in perspective, six million hectares is about the size of Greece. Within the context of global warming, the large area of deforested land is troubling, as 15% – 17% of global greenhouse emissions come from deforestation. This is more than the total emissions that come from the world’s transportation sector. Furthermore, forests naturally sequester greenhouse gases in plants and soil and reduce the overall amount of greenhouse gases in the atmosphere; thereby reducing the overall effects of global climate change.

Full article: http://www.environmentalleader.com/2011/01/05/projected-g...

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