Word: forest
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...That's because Toranagallu is also home to a 3,700-acre forest of puffing smokestacks that make up the Jindal South West steel factory. Opened a over a decade ago, Jindal South West has over the past several years claimed an estimated $150 million in carbon credits thanks to its internationally recognized status as a part of the Clean Development Mechanism (CDM) administered by the U.N. under the Kyoto Protocol. But while the steel plant's efforts to reduce its emissions may in a very small way be helping the earth's atmosphere, villagers complain any benefits are lost...
...into oil palm.'" In partnership with the Australian investment bank Macquarie Group, FFI has six other REDD schemes: three in Indonesia and others in Cambodia, Ecuador and Liberia. Last month, governors Irwandi and Schwarzenegger joined 30 other subnational leaders - including a dozen other U.S. governors and the leaders of forest-rich Brazilian states Amazonas and Mato Grosso - at a climate summit in Los Angeles, where they called upon governments to include REDD within the global framework for combating climate change. Sun of Carbon Conservation hopes one day to see "a global infrastructure of forest factories, producing oxygen and absorbing carbon...
...REDD has its risks. The first is so-called leakage: halting deforestation in one area might simply drive loggers into another. "Permanence is a huge problem," says Kessler of Greenpeace, citing another worry. "How do we know these areas are going to stay protected? What happens if a forest burns to the ground?" A third concern is calculating how much carbon is stored in a forest, and what emissions are actually avoided by preserving it. In September a multinational research team led by French landscape ecologist David Gaveau asserted that the Ulu Masen scheme might not significantly reduce deforestation...
...rebuts this. Ulu Masen borders another protected area called Leuser, also being developed as a REDD scheme, so leakage is not an issue within Aceh province. (The rest of Sumatra is another matter.) As for permanence, FFI has a "reserve pool" of forest to replace any lost to fire or disease, and promises "robust" accounting methods and monitoring by both satellite and field team. It says the calculations in the Gaveau report are incorrect and that Ulu Masen has "substantial lowland forests at risk...
...feat marked the beginning of the Forest Service's smoke-jumpers program, and Cooley became the group's first superintendent. His career wasn't flawless; in 1949, Cooley directed the crew battling the Mann Gulch fire in Montana, at which 12 smoke jumpers lost their lives...