We've been getting little peeks and rumours about the revised draft text on Land use, land-use change and forestry that developed countries are working on. It may come out tomorrow or maybe Thursday. Sounds like developed countries have figured out amongst themselves how they want to account for wood stored in harvested wood products and are making progress on how to remove the effects of big natural disturbances like fires from the forest carbon accounts.
The biggest and most troubling news is that they are compiling a new option on how to account for changes in forest management emissions. From what I hear it sounds like all the loopholes any country could want cooked up into a couple of paragraphs. It will be interesting to see how China and other developing countries respond to this game.
You can read an article I wrote about one of these loopholes in Climate Action Network's ECO Newsletter yesterday; it's called Show Us the Emissions!
You can also watch today's media conference by CAN. From 10:10 - 15:50, Jeff Fiedler of The Nature Conservancy talks about this issue as well.
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