Tag Archives: United Nations Framework Convention on Climate Change

Opportunity Costs

The Washington Post this week reported on a carbon-credit proposal being put forward by Ecuador for consideration in UNFCCC Climate Change Talks. Ecuador is asking for carbon credits in exchange for leaving undisturbed one-fifth of its petroleum reserves, which are located beneath a protected national park that is part of the Amazon rainforest. The proposal is similar to one put forward by Brazil last August, called the Amazon Fund, which asks foreign countries to donate Read More >

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