6/09/2009
By Luke Hunt
Bangkok Post
Scientists have stepped up efforts to save what is left of Southeast Asia's disappearing rainforests with a report that portrays carbon trading as a serious weapon in preserving what's left of the world's natural habitat.
Not that long ago, the prospect of carbon trading on global financial markets had raised the hackles of environmentalists and a few laughs in the boardrooms of broking houses in Bangkok and elsewhere.
However, a new study recently published in Conservation Letters says that selling carbon credits linked to rainforests could prove just as profitable as clearing the land for rice, rubber or palm oil plantations.
It also indicates that forests in Thailand and across the region may have been sold to loggers at fire-sale prices in recent decades, putting the reputation of past politicians at the mercy of generations to come.
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