Brazil’s congress passed a bill this week that would make carbon credits available to companies that receive forest concessions. Although the new policy is expected to boost tax revenue, there is doubt that it will actually benefit local communities.
Companies with Brazilian forest concessions would be allowed to generate carbon credits under a bill passed by its Congress this week that marks a first step in regulating the country's voluntary carbon market. Private firms have shown little interest in a government program that leases publicly owned forests for sustainable logging, but the legislation could…
C ompanies with Brazilian forest concessions would be allowed to generate carbon credits under a bill passed by Congress this week that marks a "first step" in regulating the country's voluntary carbon market.