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...beginning to see that markets could be a win-win, allowing them to keep their trees and capitalize on them. For the rest of the world, stopping tropical deforestation is among the most pressing of environmental tasks. Not only would halting deforestation drastically reduce greenhouse gas emissions, it would save the most ecologically diverse and valuable land on the planet, home to animals and plants that can live nowhere else. Charity alone, as we've seen over the past several decades, won't be enough - the Stern report, a British government study on climate change released in 2006, estimated that...

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

...Cerrado's carbon into the atmosphere; those ovens used to be ubiquitous, but most of the trees are gone. I had to travel hours through converted Cerrado to see a 96-acre (39 hectare) sliver of intact Cerrado, where a former shopkeeper named Lauro Barbosa had spent his life savings for a nature preserve. "The land prices are going up, up, up," Barbosa told me. "My friends say I'm a fool, and my wife almost divorced me. But I wanted to save something before it's all gone...

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

...lesson behind the math is that on a warming planet, land is an incredibly precious commodity, and every acre used to generate fuel is an acre that can't be used to generate the food needed to feed us or the carbon storage needed to save us. Searchinger acknowledges that biofuels can be a godsend if they don't use arable land. Possible feedstocks include municipal trash, agricultural waste, algae and even carbon dioxide, although none of the technologies are yet economical on a large scale. Tilman even holds out hope for fuel crops--he's been experimenting with Midwestern...

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 »

...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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