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Australian firm linked to PNG's $100m carbon trading scandal

Source:  Copyright 2009, Sydney Morning Herald
Date:  September 4, 2009
Original URL: Status ONLINE


AN AUSTRALIAN company has been swept up in a $100 million carbon trading scandal in Papua New Guinea after claims fake carbon certificates were given to landowners to help persuade them to sign over the rights to their forests.

The scandal threatens to undermine efforts by the Climate Change Minister, Penny Wong, to win support at the United Nations climate talks in Copenhagen for a global carbon trading scheme to include forests in the likes of PNG and Indonesia. She declined yesterday to answer questions on whether the scandal had been raised at UN climate talks last month or whether she had discussed the matter with the PNG Prime Minister, Michael Somare, or his officials.

An investigation has begun and the head of PNG's Office of Climate Change, Theo Yasause, has been removed.

Dave Sag, the chief executive of the company involved, Carbon Planet, admitted yesterday that his PNG partner, Kirk Roberts, had used mocked-up carbon certificates ...

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