
Indonesia world's No. 3 greenhouse gas emitter - due to deforestation
http://uk.reuters.com/article/latestCrisis/idUKJAK27070520070604
http://asia.news.yahoo.com/070323/kyodo/d8o23ef80.html
http://www.ecoegg.org/shell/2007/07/12/indonesia-third-ranked-co2-emitter/
As investors, we ought to play our part and perhaps learn some social/environmental responsibilities...
If not now...when?
http://globalforestwatch.org/english/indonesia/forests.htm
Indonesia is experiencing one of the highest rates of tropical forest loss in the world.
Deforestation in Indonesia is largely the result of a corrupt political and economic system that regarded natural resources, especially forests, as a source of revenue to be exploited for political ends and personal gain.
Illegal logging has reached epidemic proportions as a result of Indonesia?s chronic structural imbalance between legal wood supply and demand.
More than 20 million hectares of forest have been cleared since 1985, but the majority of this land has not been put to productive alternative uses.
The Indonesian Government is facing mounting pressure domestically and internationally to take action, but progress is slow and not all policy reforms in process are necessarily good news for forests.
Pictures of Deforestation in Indonesia
http://travel.mongabay.com/indonesia/Deforestation.html
Indonesia slash-and-burn deforestation may trigger ?climate bomb,? Greenpeace says
November 8, 2007 (IHT) - Industry-driven deforestation in Indonesia could ?detonate a climate bomb? if not brought under control, the environmental group Greenpeace said Thursday.
A report by Greenpeace, launched in Singapore, said the burning of Indonesia?s rainforests and peatlands to build palm oil plantations releases massive amounts of greenhouse gases into the atmosphere. Every year 1.8 billion tons of emissions are released by the practice, accounting for 4 percent of global emissions.
?Trade in palm oil by some of the world?s food giants and commodity traders is helping to detonate a climate bomb in Indonesia?s rainforests and peatlands,? the report said. ?Efforts to prevent dangerous climate change will not succeed unless this and other industries driving forest destruction are brought under control.?
Investors investing excessively in Indonesian Palm Oil businesses probably did not know they are contributing to the unhealthy haze that envelope Singapore every year. Read below for details.
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Nov 23, 2007 | ![]() |
Indon's peatlands: a little-known culprit in climate change
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INDONESIA - VIEWED from the air, the vast, cool forests of the Kampar peninsula on Indonesia's Sumatra island are a world away from China's belching factories or America's clogged freeways.
But appearances can be deceptive. Most of this 400,000-hectare peninsula is peatland: dense, swampy forest that, when healthy, efficiently soaks up greenhouse gases from the world's worst polluters. When drained, cleared or burned, however, this wilderness transforms into one of the worst climate vandals, releasing six to nine times the amount of carbon stored in regular equatorial forests. Swamps have not traditionally held the same ecological sex appeal as, say, doe-eyed wildlife. But as nations prepare for a major global conference on climate change in Indonesia in December, the world's focus is changing. The Dec 3 to 14 UN summit on the resort island of Bali will see international delegates thrash out a framework for negotiations on a global regime to combat climate change when the current phase of the Kyoto Protocol ends in 2012. A 2007 figure from the Indonesia-based Centre for International Forestry Research puts deforestation at around 25 per cent of all man-made carbon dioxide emissions. Avoiding emissions from deforestation has so far been left out of the Kyoto Protocol on climate change, which focuses instead on reducing emissions from sources such as industry and transport. Widespread deforestation has made Indonesia the third largest emitter of carbon in the world, the contribution coming most dramatically in the form of near-annual forest fires on islands such as Sumatra and Borneo. The fires, which send choking smoke as far as Singapore and Malaysia, are for the most part caused by the clearing of peatlands. And the destruction of Indonesia's peatlands accounts for four per cent of total global greenhouse gas emissions, according to Greenpeace. Peatlands are not just a threat when they are burning. A flight over Kampar reveals scars of cleared land gouged from the forest, linked with canals built to transport legal and illegal logs to inland mills. Much of the carbon released from peatland swamps is the result of draining so the land, or the logs, can be used, says Mr Jonotoro, a peatlands expert at the forestry ministry and an independent consultant. As the water level drops, more and more of the stock of carbon is released into the atmosphere. In clear-cut areas, the temperature can rise dramatically in the dry months between July and September to around 70 degrees Celsius, up from a usual cool average of 28 degrees. 'If the peat is already dry it's impossible to make it wet,' Mr Jonotoro said. Peatland is made up of a waterlogged store of semi-decomposed vegetation, which squelches underfoot. The deeper the peatland - it can stretch to a depth of more than 15 metres - the more carbon it holds. If set on fire, dry peatland can burn for weeks - the fire can be extinguished on the surface, only to continue burning underground and reappear the next day. In Indonesia, the main driver for the destruction of peatlands is the world's appetite for wood, pulp and palm oil. The best place for plantations is dry land, but as the rush for Indonesia's last wildernesses continues to turn much of the countryside into a landscape of industrial uniformity, any land will do. |
Today a quiet day because of thanksgiving in US so I also market rest and do readings instead.
Ya! already read before how palm oil, corn ethanol, soya biofuels are contributing not only to warmer climate but also competing with human food chains. That's why meats and cooking oil prices are going higher, and no thanks to the high oil price either.
A sustainable future system would have alternative fuels like solar, helium3, wind, geothermal, hydropower, jatropha, sugarcane, uranium.
The main fuel sources today are coal, oil, gas and unlikely to see their use reduce even with increasing future use of alternatives.
Palm Oil Warning for Indonesia
http://news.bbc.co.uk/1/hi/world/asia-pacific/7084306.stm
How the Palm Oil Industry is cooking the climate
http://www.greenpeace.org/international/press/reports/cooking-the-climate-full
Lost in Palm Oil
http://www.youtube.com/watch?v=58IELHXCym0