Carbon Offsets Daily

One outgrowth of the was the renewed scrutiny of biofuels, with environmentalists decrying biofuel usage as ultimately detrimental, due the deforestation involved in the practice, and its potential to accelerate global warming. Although no consensus was reached in Rome, global deforestation is happening on a massive scale, with noticeable effects.

In the Philippines, an estimated in the last 10 years. Burma (Mynamar), has , and in Papua New Guinea (PNG), the Province rainforest, the world’s third-largest, has been the victim of complete devastation, .

Proponents of carbon trading have an eye outside the box, and are banking on the fact that lost in PNG's deforestation, far outweighing its revenue from its logging practices.   As of this moment, however, no such plans are underway.