Comments on: Goldman Sachs Sells $12M in Carbon Offsets in Largest Such U.S. Deal So Far

By: Tatiana Alves

Tatiana Alves — Tue, 20 Oct 2009 19:19:37 +0000

Which protocols are being used for the generation of emission reductions from this forest project that was brokered by Goldman Sachs? What is the time horizon for the credit generation? Is it a forest managment project type with respective protocols or is it an avoided deforestation project? I’d like to see more explanation about the nature of this deal if possible. Thanks!

By: Roark

Roark — Wed, 14 Oct 2009 08:12:27 +0000

Carbon Offsets? What a steaming load of bullsh*t.

By: S. Robinson

S. Robinson — Tue, 13 Oct 2009 04:08:26 +0000

Didn’t anyone read the news that Sierra Pacific Industries – the largest clearcutter in California – had to admit in the Union Democrat newspaper that this project did not really have not have tons of “giant sequoias” growing that it would “preserve.” In fact the trees were fairly recently planted. Furthermore, rumor has it that most of SPI’s land in this carbon project is land that has been clearcut by SPI or burned and replanted into tree plantations that lack older trees that sequester more carbon mass. Buyers of forestry carbon credits would serve their own credibility well if they bought credits from only FSC certified forests and forests that were not clearcut and converted from biodiverse healthy forests into tree plantations.