WWF hopes to find $60 billion growing on trees

WWF hopes to find $60 billion growing on trees

The carbon credits scheme would make WWF and its partners much richer, but with no lowering of overall CO2 emissions, writes Christopher Booker .

If the world’s largest, richest environmental campaigning group, the WWF – formerly the World Wildlife Fund – announced that it was playing a leading role in a scheme to preserve an area of the Amazon rainforest twice the size of Switzerland, many people might applaud, thinking this was just the kind of cause the WWF was set up to promote. Amazonia has long been near the top of the list of the world’s environmental cconcerns, not just because it includes easily the largest and most bio-diverse area of rainforest on the planet, but because its billions of trees contain the world’s largest land-based store of CO2 – so any serious threat to the forest can be portrayed as a major contributor to global warming.

If it then emerged, however, that a hidden agenda of the scheme to preserve this chunk of the forest was to allow the WWF and its partners to share the selling of carbon credits worth $60 billion, to enable firms in the industrial world to carry on emitting CO2 just as before, more than a few eyebrows might be raised. The idea is that credits representing the CO2 locked into this particular area of jungle – so remote that it is not under any threat – should be sold on the international market, allowing thousands of companies in the developed world to buy their way out of having to restrict their carbon emissions. The net effect would simply be to make the WWF and its partners much richer while making no contribution to lowering overall CO2 emissions.

Full story at the Telegraph


3 thoughts on “WWF hopes to find $60 billion growing on trees

  1. Quixote, I agree.

    Any large organization that portrays itself as benevolent and untruistic is probably up to no good. This Haiti fiasco also comes to mind. You couldn’t turn on the Radio, TV or browse the Internet for weeks on end without coming across someone asking to help. And I bet just about every large corporation tapped into its employee base for donations – not to mention Governments agreeing to match public amounts. Where did much of this money go? The Red Cross and World Vision may have benefitted the most. How much money are we talking about? My guess is tens or even hundreds of billions. Have these guys ever been auditted? Can you even audit a charity or foundation?

    Maybe I shouldn’t be so cynical. I’m sure most of this money has already reached the Haitian victims.

    But more to your point, as the saying goes “you can’t knock grandma’s apple pie”. And who was it who said “you can’t let a good crisis go to waste”?

  2. Great article
    Surveys have proved that no wind farm can produce 100% of its maximum power output – the realistic operation output is about 50%. Many wind farms fall well below that. The norm for onshore wind farms is 25% – 30%. That represents a very low output added to the high cost of wind generation

  3. Obviously WWF is in this for the $$$$$$$$.
    Their last name after all is FUND!
    There is only one way to shut these people up and remove them from the society hey have “dooped” for so long and that is cancel your subscription and donations to this NGO.

    A few “hucksters” have basically conned the whole world for so long nobody can tell the difference between Good or Evil intentions anymore.

    If an organization “sounds” all warm and fuzzy with a slick glossy image then one can assume they are EVIL!

    What “honest” group of people have the huge amounts of money it would take to “slick” up their message in mainstream media like WWF does?………..Not one I know of!

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