redd10

“Reports in PNG suggest that some developers have been asking for commissions of up to 15 per cent. With carbon trading firms such as the UK-based EcoSecurities estimating the global supply of REDD credits could be somewhere between $US5 billion and $US45 billion annually – Carbon Planet says it could be $20 billion by 2012 – it’s not just a gold mine, it’s a licence to print money.” — Giles Parkinson, Business Spectator, September 2009