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...much is a rain forest worth? Until recently the answer was: virtually nothing. A tropical rain forest provides habitat for untold species of animals and varieties of plants; modulates the climate and helps bring precipitation to land thousands of miles away; sequesters billions upon billions of the greenhouse gas carbon dioxide. But the only market value a forest had were the trees within it, cut down. "Forests fall for a simple reason," says Andrew Mitchell, a conservationist and the founder of the London-based Global Canopy Programme, an umbrella group of forest organizations. "They are worth more dead than alive...

Author: /time Magazine | Title: On the Market: a Whole Rain Forest | 3/28/2008 | See Source »

...crops five times this year. The tribesmen I met all complained about hacking coughs and stinging eyes from the constant fires and the disappearance of the native plants they use for food, medicine and rituals. The Kamayura had virtually no contact with whites until the 1960s; now their forest is collapsing around them. Their chief, Kotok, a middle-aged man with an easy smile and Three Stooges hairdo that belie his fierce authority, believes that's no coincidence. "We are people of the forest, and the whites are destroying our home," says Kotok, who wore a ceremonial beaded belt...

Author: /time Magazine | Title: The Clean Energy Scam | 3/27/2008 | See Source »

...tribe's recent tendency to waste its precious diesel-powered generator watching late-night soap operas. But he's right. Deforestation can be a complex process; for example, land reforms enacted by Brazilian President Luiz Inácio Lula da Silva have attracted slash-and-burn squatters to the forest, and "use it or lose it" incentives have spurred some landowners to deforest to avoid redistribution...

Author: /time Magazine | Title: The Clean Energy Scam | 3/27/2008 | See Source »

Maggi got in trouble recently for saying he'd rather feed a child than save a tree, but he's come to recognize the importance of the forest. "Now I want to feed a child and save a tree," he says with a grin. But can he do all that and grow fuel for the world as well? "Ah, now you've hit the nail on the head." Maggi says the biofuel boom is making him richer, but it's also making it harder to feed children and save trees. "There are many mouths to feed, and nobody's invented...

Author: /time Magazine | Title: The Clean Energy Scam | 3/27/2008 | See Source »

...doomed. It's unfair to ask developing countries not to develop natural areas without compensation. Anyway, laws aren't enough. Carter tried confronting ranchers who didn't obey deforestation laws and nearly got killed; now his nonprofit is developing certification programs to reward eco-sensitive ranchers. "People see the forest as junk," he says. "If you want to save it, you better open your pocketbook. Plus, you might not get shot...

Author: /time Magazine | Title: The Clean Energy Scam | 3/27/2008 | See Source »

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