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Safeguards for climate change being looked at

Tue Aug 25, 2009 12:00pm

Papua New Guinea's chief Climate Change negotiator, Kevin Conrad, says they are trying to build safeguards into the Copenhagen climate agreement, to limit opportunities for crime.

The move follows PNG's carbon credits scandal, and the arrest of nine people in London last week, suspected of a multi-million dollar fraud in carbon permits, bringing attention to a rich new field for crime, sprung from the fight against climate change.

One of the primary measures considered, is to postpone any payments for avoiding deforestation, until inspectors verify that tree-cutting trends have been reversed.

Dr. Conrad says, carbon cowboys should be rounded up, as they are already persuading landowners, with little understanding of modern commerce, to sell a share of the rights to carbon stored in their trees, counting on a hefty profit later.

Carbon credits from avoided deforestation do not exist yet for governments to sell, as there are no mechanisms in place, to measure and verify forests that are being preserved.

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