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Saturday, July 26, 2008

Are Indonesia's Forests Worth More Alive Then Dead?

This past week I watched a documentary on PBS titled Burning Season. Burning season follows a 29-year-old Australian “green” entrepreneur named Dorjee Sun as he pitches his ideas about reducing green house gas emission by selling Indonesia's carbon credits to polluters in the West. The idea is fairly simple. For every ton of carbon dioxide that you generate, you will pay Dorjee Sun's company a certain amount of money which he will invest in protecting the forests of Indonesia and selling their carbon credits which will then offset the carbon produced by others.

If global warming continues to be the hot button issue that it is today, then carbon will be in new gold in the near future and carbon trading will be the next big industry. Entrepreneur like Dorjee Sun are making the right moves so that when time comes, they will be well positioned to be the dominant players in the global carbon trading markets.

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