Michael,
      I would agree.  The issue seems to me giving
credit or making charges for any net changes in
CO2 generation.
Barkley Rosser
-----Original Message-----
From: Michael Perelman <[EMAIL PROTECTED]>
To: [EMAIL PROTECTED] <[EMAIL PROTECTED]>
Date: Sunday, November 26, 2000 5:40 PM
Subject: [PEN-L:4987] Re: Re: The exchange value of forests


>Fine, if you want to give credit for sinks, then charge for policies that
>reduce sinks, such as building on farmland or cutting down forests.
>
>
>On Sun, Nov 26, 2000 at 05:14:48PM -0500, J. Barkley Rosser, Jr. wrote:
>>       I would say that there is nothing wrong with
>> giving credit for carbon sinks.  But, they should
>> not be given for existing carbon sinks but rather
>> for newly created ones.  So, if the US, or anybody
>> else, plants new forests, then give them credit.
>>       Of course, all this has broken down in a
>> complete mess.  Presuming Dubya pulls it out,
>> I'm afraid we are seriously up you know where
>> without a you know what on this whole issue.
>>      Ack!!!
>> Barkley Rosser
>
>Michael Perelman
>
>

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