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...climate change summit in Bali - hosted by Indonesia, home to some of the world's most extensive tropical forests - that's begun to change. Though negotiators still need to work out the details, nations here agreed to put deforestation and forest degradation - the damage of woodlands, which can also release carbon - as a main element of the climate change deal that will eventually succeed the Kyoto Protocol. That will eventually open up a new market that could be worth billions, as industrialized nations that need to reduce carbon emissions could choose to pay tropical nations like Brazil and Indonesia...

Author: /time Magazine | Title: The Secret Life of Trees | 12/14/2007 | See Source »

...forestry - so that projects can be judged on a national level; ensuring one patch of logging can't be replaced with another. Though the details still need to be worked, it looks like that's the sort of scheme that seems likely to emerge out of the Bali discussions...

Author: /time Magazine | Title: The Secret Life of Trees | 12/14/2007 | See Source »

...only carbon sequestration, but biodiversity, and the lives of those in the forests themselves," says Manuel Silva de Cunha, president of the National Council of Rubber Tappers in Brazil. (Listen to Silva de Cunha talk about avoided deforestation on Greencast.) "We can't just forget those principles." If the Bali process works, the world may follow a new - and better - set of principles...

Author: /time Magazine | Title: The Secret Life of Trees | 12/14/2007 | See Source »

...John Kerry came in person to Bali to deliver that message, meeting with foreign delegations, his rhetoric backed by the recent passage by the Senate Environment Committee of the Warner-Lieberman Climate Bill, which calls for 15% emission reductions by 2020. "I wanted to make certain that those folks who are involved in the negotiations understand that they are not alone in dealing with this," says Kerry. "The Administration is isolated in its own country." Kerry, Maine Republican Senator Olympia Snowe and 50 other members of Congress sent a protest letter Wednesday to President Bush calling for U.S. negotiators...

Author: /time Magazine | Title: Is America the Villain in Bali? | 12/13/2007 | See Source »

...Despite the moral support they lend to those pushing the U.S. to accept stronger action, Gore, Kerry and the rest of the shadow U.S. delegation are ultimately powerless to affect the outcome at Bali - the fate of the negotiations remains in the hands of President Bush and his negotiators. Toward the end of his speech Gore, with his customary taste for the eccentric analogy, invoked the hockey player Bobby Hull, who Gore said was skilled because he sent the puck, not where his teammates were, but where they would be. "You have to look to where we're going...

Author: /time Magazine | Title: Is America the Villain in Bali? | 12/13/2007 | See Source »

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