$60bn, WWF hopes to find money on the trees

Post date: Mar 23, 2010 2:43:58 PM

Amazon area 2xSwitzerland, make $60bnIf the world’s largest, richest environmental campaigning group, the WWF – formerly the World Wildlife Fund – announced that it was playing a leading role in a scheme to preserve an area of the Amazon rainforest twice the size of SwitzerlandIf it then emerged, however, that a hidden agenda of the scheme to preserve this chunk of the forest was to allow the WWF and its partners to share the selling of carbon credits worth $60 billion, to enable firms in the industrial world to carry on emitting CO2 just as beforeWWF, which already earns $600 million yearly, much of it contributed by governments and taxpayers,

source: telegraph.co.uk

C02 profits for WWF but no CO2 down, why ?

The carbon credits scheme would make WWF and its partners much richer, but with no lowering of overall CO2 emissions