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Mongabay Explores New Guinea: 'Carbon cowboys' and illegal logging

Mongabay Newscast

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Carbon Cowboy Capitalism

Carbon cowboys are essentially, they're finance guis that see a new untapped market and simply want to make a profit. For years, there has been no international standard for carbon markets. But p n g remains what's called a voluntary market - not used in any mandatory government offset scheme. And very little of this money is going back to the communities on which these jet set a very little, very little to nothing.

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