Thursday, March 4, 2010

Isramart : Forest Fires Put Carbon Credits At Risk

Isramart news:
Forest owners face multi-million dollar carbon credit loss risk from fires

A forest fire burning near Dunedin is highlighting the risk of natural disasters to carbon which run into millions of dollars, Carbon News reports this morning.

Wenita Forest Products, which owns the 700ha of forest which has been burning most of the week, has registered under the Emissions Trading Scheme, but has not yet claimed credits.