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Jon PENNYCOOK
@jonpsp@mstdn.social  ·  activity timestamp yesterday

"One study suggests the #Amazon provides around $40,000 of value per square kilometre of standing forest each year, giving it a fair asset value of around $3trn, about 50% more than the retailer that shares its name." "carbon price of $25 per tonne would squeeze out cattle ranchers, since landowners could make more money by allowing reforesting." "the EU’s emissions-trading system charges €80 ($93)"

https://www.economist.com/the-americas/2025/10/23/the-obvious-economics-of-preserving-the-amazon
https://archive.is/QxNYH

#environment #GlobalWarming #ClimateChange

The Economist

The obvious economics of preserving the Amazon

It provides Brazil’s world-beating farmers with water, and keeps carbon locked up for the rest of us
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Jon PENNYCOOK
@jonpsp@mstdn.social replied  ·  activity timestamp yesterday

meanwhile, in the #UK: "LONDON — The British government is divided over whether to stump up the cash for a flagship environmental pledge meant to protect tropical forests, jeopardizing a potential announcement by Prime Minister Keir Starmer at the COP30 U.N. climate summit in Brazil."

https://www.politico.eu/article/uk-treasury-cop30-brazil-tropical-forest-pledge/

#environment #Amazon #ClimateChange #GlobalWarming #ukpol #politics

POLITICO

UK government split over cost of COP30 forest pledge

Treasury officials are said to be questioning the cost of backing the plan — despite support from several ministers.
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