ERA Carbon Offsets Ltd. looks to profit from REDD

7th October 2008

A Canadian company called ERA Carbon Offsets Ltd is looking to sell carbon offsets from REDD projects. The company already sells carbon offsets to Shell, which Shell uses to ensure that it can continue drilling for oil. According to the press release below, the president and CEO of the World Wildlife Fund, Carter Roberts supports this.
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What came out of Copenhagen on REDD? Why forest carbon should not be traded
What's wrong with the UN definition of forests? Carbon cowboys in PNG
Indigenous Peoples and REDD NGO statements on REDD

reddisms:

“[T]he United States is prepared to work with other countries toward a goal of jointly mobilizing $100 billion a year by 2020 to address the climate change needs of developing countries. We expect this funding will come from a wide variety of sources, public and private, bilateral and multilateral, including alternative sources of finance. This will include a significant focus on forestry and adaptation.” — Hilary Clinton in Copenhagen, December 2009

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