Inclusion of Forests
into a Workable
Fossil Fuel Carbon Excise Scheme
In the coming decades Indigenous Forest & Ecosystems are going to be crucial if not indispensable for humankind's very survival on this planet. Their worth to humanity is beyond any monetary value.
Therefore nation's which still possess their Indigenous Forests & Ecosystems must now be allowed to generate substantial income from their natural resource, in much the same way nations which have oil or coal under their soils, are allowed to freely sell their naturally occurring resources.
Indigenous Forests as part of a global FFCES
hundreds of billions of dollars/year globally
across ALL nations,
for at least, the rest of this century.
This will ensure not only an end to deforestation globally, but will see substantial investments made to expand and open up new indigenous forest areas.
Local communities in Developing Countries do not cut down forests because they want to speed up global warming. They do it because they need to grow food to survive and have an income to support their families.
Of course there are major corporations which take advantage of these countries. However, governments let them get away with it because they need to generate GDP to undertake community programs within their nations.
Most Developed Nations went through exactly the same process of allowing agriculturists and farmers to clear forests in the 17th, 18th, 19th and 20th centuries.
The only way to stop Deforestation in Developing Nations is to make sure the forests are worth more to local communities and governments left standing.
MONETIZING INDIGENOUS FORESTS
The global community will surely be forced to place a price on carbon within 5 years.
However just putting a price on carbon is nowhere near enough, as some countries will just see this as another tax to increase domestic revenues.
A Fossil Fuel Carbon Excise Scheme (FFCES) would see acarbon excise collected directly from producers (oil, gas, coal, etc), paid directly to Carbon Sequesters: be they technology based or Forests and Ecosystems.
If a Global Carbon Price of US$35/ton was set, this would mean producers would pay US$35/ for each ton of carbon their products produced, and carbon sequesters would receive US$35/ton for each ton of carbon they sequestered.
This would relate to a Small Island State, such as the Solomon Islands, which has 5.5 million acres of indigenous forest, receiving US$192 million per year for the carbon their Indigenous forest are sequestering each year. This new income from their forest would substantially increase the Solomon Island's GDP.
There is little doubt when the above becomes reality the government of the Solomon Islands will protect and nurture their Indigenous Forests.
ARE WE EXPLOITING A NATURAL RESOURCE
The argument against including Indigenous Forests in any future FFCES is that forests are a naturally occurring resource which the globally population has utilized for free for centuries: Why should we now pay for naturally occurring trees, to clean the earth's atmosphere?
It is a simple supply a demand relationship. Nobody cared about the state of the atmosphere 50 years ago. Now Indigenous Forest are one of the planet's most valuable natural resources.
It was exactly the same for oil. Nobody cared about oil until the mid 1800's. Then, with the advent of combustion engines, etc, it became one of the world's most valuable natural occurring resources; 'Black Gold.'
It should also be remembered, Oil Producing Countries get US$50-100 per barrel for oil, which lays naturally under their soils.
Countries with Indigenous Forests which are needed to remove the carbon pollution, caused by burning that oil, will under a suggested Global FFCES , only get US$ 3.50/barrel of oil.
Within 5 years the WCCC aims to develop a
FOSSIL FUEL CARBON EXCISE SCHEME
which is both Workable & Equitable for all nations, communities, and fossil fuel producers, which is focused on the inclusion of global forests into the scheme.
The WCCC will invite leading academics, government & fossil fuel producer representatives to form an,
International Think Tank
Which will be responsible for drafting the submission to the United Nations