NZ CO2 mkt rules trigger huge rise in deforestation, windfall profits

BEIJING, Aug 9 (Reuters Point Carbon) - Rules that allow New Zealand firms to use U.N. carbon credits to meet government carbon caps have led to a vast increase in deforestation in the past 12 months and allowed landowners to book huge profits without taking any action to cut emissions, government figures showed this week cdm company.

Global Clean Energy Corporation