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Posted Sat Jun 6 2009: from BusinessGreen:
Rainforests could be more profitable standing, says research
The Indonesian rainforest is worth more to businesses standing than if it was felled, according to new research. A study published in the journal Conservation Letters shows that a scheme that would give palm oil companies -- largely responsible for deforestation in the region -- carbon credits for protecting rainforests would make them more money than clearing land to grow plants for palm oil. Palm oil is used in a number of cosmetic products as well as man biofuels. The scheme, called Reduced Emissions from Deforestation and Degradation (Redd), could go a long way towards protecting rainforests, Oscar Venter from the University of Queensland told the BBC. "If Redd does become part of the next international climate agreement, it will have the potential to fund forest protection in areas slated for oil palm conversion," said Dr Venter, who led the research.
[Read more stories about: carbon sinks, climate impacts, smart policy]

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'Doc Jim says:
And, if we can build a theme park or two in the rainforest... even more profit!

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