Buy forests to help environment – Environment – theage.com.au

AUSTRALIANS could buy a stake in the protection of endangered tropical forests under a groundbreaking scheme being devised by former Australian of the Year Tim Flannery.

Professor Flannery — Australia’s most prominent environmental campaigner — wants to set up an internet-based carbon market with a pilot scheme to be run in Papua New Guinea.

In a paper prepared for Professor Garnaut, Professor Flannery says 20% of global carbon emissions come from the wholesale destruction of tropical forests, so preservation must be part of any effective response to climate change.

Read more @ The Age – Flannery’s plan: buy forests to help environment – Environment