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  • Indonesia Insists on Forest Compensation ( Carbon Credits )

    03/06/2007 6:19:37 PM PST · by Shermy · 19 replies · 546+ views
    Tempo Interactive ^ | March 6, 2007
    TEMPO Interactive, Jakarta: The government will ask for compensation from around 20 countries which are the highest emission contributors to the environment. The compensation will be taken from the world's adapted funds and forestry incentives. “Indonesia has the potential of around US$3-5 billion per year from emission trading,” said State Minister for the Environment Rahmat Witoelar after attending a joint seminar entitled “Energy Crisis and Climate Change: Where Are We Heading?” in the auditorium of the National Development Planning Agency, Jakarta. He explained that Indonesia is planning to be the host of the 13th Conference of the Parties to the...