Tag Archives: alternative
It’s Not Just The Trees That Grow at APC !
Tuesday, 25 June 2013 Asia Plantation Capital, one of the regions fastest growing plantation companies, recently passed a new milestone in its history and development; planting their 6 millionth tree since 2009. APC is expanding its operations in Thailand creating at least 250 new jobs on new plantations being established near their main agarwood distillery, bringing important economic benefits to local communities. This adds important rural jobs to the numbers already created by APC in the North East region of Sakon Nakhon where they have now established over 60 plantations. The distillery and associated businesses include state of the art finishing and processing production lines for agarwood oil & infused chips, agarwood resin, agarwood rice, incense sticks and a range of raw materials for food supplements as part of its joint venture with AgarTechAsia. Barry Rawlinson, group CEO “When APC started we focused on establishing plantations and farming businesses, not looking beyond the plantation gate for sales. Today we have a fully integrated business model investing heavily in the manufacture and marketing of end products. Planting and growing trees is only part of our story, alongside we consider social impact and invest in local communities where we operate for long term sustainable growth”. Strategically the group has established a diverse range of standalone businesses; using Oud oil from agarwood trees to produce fine fragrances for the International Fragrance Industry, manufacturing products for the pharmaceutical sector, construction of Sustainable Homes, plantation and agricultural consultancy, tree nurseries for local communities to access, and Asset and Wealth Management businesses. Recently a joint venture with AgarTechAsia focuses on cutting edge technologies and new consumer end products from the agarwood. These businesses are driven by one common factor, sustainable plantations and farms which create sustainable products for the rapidly expanding numbers of environmentally conscious consumers worldwide. Recent plantation projects the company has undertaken include feasibility studies and expansion into new hot spots for the global investment community and wider financial sector. Projects range from sustainable Palm Oil plantations in West Africa, to teak and agricultural food crops in Myanmar. In Ecuador the APC Group are considering investments for the plantation sector as part of the Ecuadorean Governments forward thinking agricultural and plantation sector investment programmes. The 6 million planted trees mark and 250 new jobs in rural Thailand are just two milestones in the successful growth of Asia Plantation Capital. APC is fast becoming a leading player in the sustainable plantation sector. With local people at the heart of their operations, and sustainable practices adopted throughout their agro-forestry; they are a shining example of the people, planet, profit concept which inspires modern sound business practice today. — About Asia Plantation Capital (www.asiaplantationcapital.com) Asia Plantation Capital is an owner and operator of a diverse range of commercial plantation and farming businesses across the Asia-Pacific region and now increasingly globally, part of the Asia Plantation Capital Group of associated companies. Their focus is on multicultural and diverse plantation projects geared to the domestic and commercial demands of the countries in which they operate. Working closely with and supporting fragile local communities is an underlying core principle of the APC business, providing social and cultural support as well as investment to move these communities away from traditional deforestation and illegal logging activities as a main income source. Established officially in 2008, although operating privately since 2002, the group now has plantation and agricultural projects on four continents with operational projects at various stages in Thailand, Malaysia, Laos, India, Cambodia, Sri Lanka, Mozambique, The Gambia, North America and Europe. — For further information, please contact:- Asia Plantation Capital, 3 Pickering Street, #01-68 Nankin Row, China Square Central, Singapore 048660 Tel: +6562223386 Fax: +6562212197 Email: pr@asiaplantationcapital.com Continue reading
Climate Change: Russia Is Steamed About U.N.’s Kyoto Carbon Credit COP-Out
Representatives of Russia and other Eastern bloc countries at the recent climate talks in Bonn made it clear that they aren’t one bit happy about efforts within the U.N. Framework Convention on Climate Change’s Conference of Parties (COP) to cap their free Soviet-era carbon credit trading green stamps previously gifted to them under the Kyoto Protocol. The original deal was that signatory nations that reduced carbon emissions by targeted amounts under their 1990 levels would be able to sell credits based upon tonnage improvements to countries that produced more than their allocations, thereby meeting quotas. In other words, a market was created to sell lots of hot air…something that the U.N. excels at. The idea, at least as presented by the FCCC, was to save our planet from dreaded CO 2 -induced global warming. Incidentally, we might have credited that plan for great success were it not for the fact that while global temperatures have been flat now for about 17 years, those atmospheric CO 2 levels have continued to rise. Yeah, But Russia Expected That All Along Originally, Russian President Vladimir Putin announced on December 2, 2003, that his country would not ratify the Kyoto Protocol because the rationale supporting it was “scientifically flawed”. He argued that even one hundred percent compliance with the agreement wouldn’t reverse climate change. The Russian Academy of Sciences presented scientific arguments against signing in a statement issued on July 1, 2005, noting that the world’s temperatures do not follow CO 2 levels. Instead, they observed a much closer correlation between world temperatures and solar activity. The Academy also determined that sea levels were not rising faster with warming; rather, they had been increasing steadily about 6 inches per century since the Little Ice Age ended in about 1850. In addition, the Academy discounted one of the most significant danger claims about global warming – that tropical diseases would spread – noting that malaria is a disease that is encouraged by sunlit pools of water where mosquitoes can breed, not by climate warmth. They also pointed out the lack of correlation between global warming and extreme weather, which a British government scientific delegation had admitted it could find no evidence to support. What ultimately caused Putin and the Russian duma to change their position and ratify the Protocol? It is widely speculated that Europeans were instrumental in getting Russia admitted to the World Trade Organization (WTO), and thus categorized it as a developing country rather than a developed one in applying the Protocol regulations. This meant that Russia received an opportunity to sell to European countries billions of dollars’ worth of Soviet-era emission credits associated with former dirty industries that had been casualties of economic melt-down. This would also help Europe meet Kyoto’s first-phase requirements without actually cutting emissions or energy use. Europe’s 1990 CO 2 emissions of 4,245 million tons fell to 4,123 tons in 2002 due to reductions in burning coal in both Britain and East Germany. Yet Kyoto Protocol requirements stipulated further European Union cutbacks to 3,906 million before 2012. A December 2003 U.N. report predicted that the E.U. would miss that reduction target by even more than that amount, namely, by dropping an additional 311 million tons. Since Russia’s 1990 emissions were 2,405 million tons, and had fallen by 2001 to 1,614 million tons, they could sell up to 800 million tons of credits to the Europeans at an “auction” price. This would be cheaper for Europe than shutting down fossil-fired power plants or removing trucks from its vital transportation infrastructure by means of escalating already high diesel fuel taxes. But Not Such a Great Deal for the U.S. Perhaps unsurprisingly, it wasn’t in the cards for the U.N. to offer the U.S. any breaks comparable to those accorded to the Europeans and Russians . First, unlike Europe and former Soviet countries that were treated as separate emission-credit-trading entities, the U.S. was treated as a single nation (allowing no credit exchanging between states to meet quotas). Second, the U.S. emissions in 1990 were not inflated to high target allowance levels as was the case in Germany, Britain, and Russia, making compliance much more difficult to achieve. In response to these inequities and other issues, our Senate passed (95-0) a rare unanimous bipartisan Byrd-Hagel U.S. Senate Resolution (S Res 98) that made it clear that the United States would not be signatory to any agreement that “would result in serious harm to the economy of the United States”. Then-President Clinton, no stranger to political pragmatism, got the message and never submitted a necessary U.S. Kyoto Protocol approval request for congressional ratification. Heated Climate Negotiations Put On Ice Reuters reported on June 6 that U.N. talks aimed at progress towards a new 2015 climate pact agreement have now been stalled by objections from Russia, Belarus and Ukraine regarding procedural violations purposefully intended to eliminate their free carbon food stamp lunch. The UNFCCC now wants to renege on a deal they made with Russia to get them into Kyoto in the first place. Now that European carbon markets have recently collapsed with the price of carbon (hot air) hitting record lows, they are concerned that allowing Russia, Ukraine, Poland and other former Soviet bloc nations to retain the huge stockpile of carbon credits they picked up under Kyoto would further flood and depress the market. Ironically, those credits were originally granted as a reward to former Eastern bloc nations for the Communism which depressed their economic development prior to 1990, essentially compensating them for the economic destruction wreaked by their own Communist regimes. Poland, which will host COP 19 in November, has approximately 500 metric tons of carbon credits it plans to continue to sell to other nations including Japan, Ireland and Spain to offset its emissions from heavy coal use. Russia has since announced that it will not be part of a second Kyoto commitment period under these conditions, saying that they are committed to keep the credits and sell them to other countries regardless of a claimed COP “consensus” that would terminate them. They are still smarting over a snub during two-week-long U.N. Climate talks in Doha, Qatari last year when, during the final minutes, Vice Prime Minister Abdullah bin Hamad al-Attiya ended the eighteenth Conference of the Parties (COP-18) before their delegation which wished to be recognized could speak. While Christiana Figueres, the U.N.’s climate chief, claimed that a consensus had been reached, Oleg Shamanov, the chief negotiator for Russia’s delegation called that an “absolutely obvious violation of this procedure.” Shamanov added, “This is a systemic issue. Unless we put our house back in order, we may not be able to guarantee that in 2015 we end up with something productive.” Capitalizing on Wealth Transfer from Capitalism Carbon credit cap-and-trade marketing is but one U.N. climate alarm-based profiteering scheme aimed at global wealth redistribution. Another important agenda item for the UNFCCC’s 2015 Paris treaty to address is a planned “loss and damage” mechanism to seek compensation from “Tier 1” developed nations by a lawyered-up group of small island governments, the Alliance of Small Island States (AOSIS), premised upon global warming hazards caused by industrialization. AOSIS leaders, including Tuvalu, Kirabati, St. Lucia, and the Maldives, claim that man-made global warming is causing super-hurricanes and rising sea levels. And who is most to blame? Coincidentally, of course, those legions of lawyers have identified culprits with the deepest pockets…the U.S., Western Europe and Japan. Although China is now the world’s largest CO 2 emitter, they got a pass. Still to be determined, is the problem of how such penalties should be assessed. For example, if a Category 4 hurricane hits an island, how can anyone know which portion of that hurricane was caused by each nation? Also, how much of it was caused by those coal plants and SUVs, versus at Mother Nature’s sole discretion? The idea of penalizing the West for trumped-up past and future climate crimes is certainly not new. Prior to COP-15 (2009-Copenhagen), several Latin American nations, the Philippines and the African Union claimed that Western countries owed developing countries trillions of dollars. U.S. and European delegation representatives attending the Copenhagen Climate Conference initially agreed to provide their “fair share”, pledging $10 billion in compensation per year from 2010 to 2012, The offer was rejected as an insult, discussions were temporarily interrupted as representatives of several undeveloped countries walked out of the meetings, and angry riots broke out in the streets over the injustice of such paltry penance. Then-Venezuelan President Hugo Chavez told the audience where to lay the blame for the world’s social, economic and climate problems: “If the climate was a bank, [the West] would already have saved it”. “The destructive model of capitalism is eradicating life”. “Our revolution seeks to help all people…Socialism, is the other ghost that is probably wandering around this room, that’s the way to save the planet; capitalism is the road to hell…Let’s fight against capitalism and make it obey us”. Then-Secretary of State Hillary Clinton then came to the rescue, offering to up the ante with a $100 billion annual contribution from the United States and our more prosperous friends to the “poorest and most vulnerable [nations] among us” by 2020. She said that the money would come from “a variety of sources, public and private, bilateral and multilateral, including alternative sources of finance”. Where it would actually come from no one knew, including Hillary and her boss. (Any guesses?) Time to End the Climate of Insanity It’s way past time to recognize that UNFCCC’s cap-and-trade, loss and damage compensation and other global wealth redistribution agendas have little or nothing to do with actually preventing a climate crisis, much less offering any benefits. Despite rising atmospheric CO 2 levels, global temperatures have not only been flat for going on two decades, but are predicted by leading scientists to cool over many future years or decades to come. Russia entered into the Kyoto Protocol realizing prior to that time that there was no convincing scientific climate-related basis for doing so. More recent determinations by researchers at their prestigious Pulkovo Observatory in St. Petersburg project that the global average yearly temperature will soon begin to decline into a very cold and protracted climate phase. Pulkovo Observatory head Dr. Habibullo Abdussamatov, one of the world’s leading solar scientists, member of the Russian Academy of Science, and director of the Russian segment of the International Space Station, believes that the deep freeze will last until the end of this century. He predicts that: “after the maximum of solar Cycle-24, from approximately 2014, we can expect the start of the next bicentennial cycle of deep cooling with a Little Ice Age in 2055 plus or minus 11 years” (the 19th to occur in the past 7,500 years). Dr. Abdussamatov points out that over the last 1,000 years deep cold periods have occurred five times. Each is correlated with declines in solar irradiance much like we are experiencing now with no human influence. “A global freeze will come about regardless of whether or not industrialized countries put a cap on their greenhouse gas emissions. The common view of Man’s industrial activity is a deciding factor in global warming has emerged from a misinterpretation of cause and effect.” Russian scientists Vladimir Bashkin and Raulf Galiullin from the Institute of Fundamental Problems of Biology of the Russian Academy of Science agree that climatic changes are characterized by natural cycles which have nothing to do with activities of man. As Bashkin observes: “A global warming that so many are talking about is not so much a scientific problem, rather it is much more a marketing trick…We do not have global warming ahead of us. Rather, we have global cooling.” Yes, and that marketing trick is one that the UNFCCC, including the Russian’s, has learned to play very well. Continue reading
Farmland Values Are Cooling After Years Of Explosive Growth
http://www.stltoday.com/search/?l=50&sd=desc&s=start_time&f=html&byline=By%20Georgina%20Gustin%0Dggustin%40post-dispatch.com%0D314-340-8195 The boom in farmland values, which triggered frenzied auctions and record sale prices, is over. That’s the bad news for Midwestern farmers. The good news is there’s no bust on the horizon, economists believe. Midwestern farmland values have soared in the past five years, along with grain prices, climbing as much as 20 percent two years in a row — something that’s never happened before. In some areas land prices rose 25 percent. One Iowa parcel sold for a record $20,000 an acre, and in Illinois, prices were reaching the mid-teens. Missouri farmland was fetching up to $5,000 an acre, up from $500 or $600 a quarter-century ago. The rise in values drew not just farmers, but outside investors who began to see American farmland as a safer investment than the stock market. But now, economists believe, the boom is cooling off. “We’re talking about the first slowing in the rate of increase,” said Chris Hurt, an agricultural economist with Purdue University. “There’s a leveling off in farmland values, and with anything that’s had a strong upward slope, you’d expect this. The primary driving forces of this period of rapid increase are beginning to come to a close.” Government mandates for ethanol and demand for grain from developing countries have been the major drivers behind record grain prices in recent year, which have stoked land prices. But now these and other factors are waning. Mandates under the Renewable Fuel Standard call for 13.8 billion gallons of corn-based ethanol this year. But because most cars only take a 10 percent ethanol blend, ethanol is hitting what’s known as the “blend wall” — the limit at which ethanol can be added to the gasoline supply. “We use about 133 billion gallons of gasoline,” Hurt said. “Ten percent of that is 13.3 billion, not 13.8 billion, so we’re running into a policy dilemma. We just don’t need a lot more corn.” At the same time, economists say, demand from developing countries is tapering off. In China, where a growing middle class is newly flush with cash for grain-intensive proteins, incomes are declining slightly — and that has meant a slight slowdown in demand for American soybeans, Hurt said. “Their incomes aren’t growing by 10 percent; they’re growing by 7 percent,” Hurt said. “There’s still very rapid growth, but it’s slowing.” China, and other countries, are also buying grain from countries where farmers have expanded grain acres in response to high grain prices. With drought and rain curtailing American harvests and driving up prices over the past three years, those farmers — particularly in South America — have been able to capitalize. “When prices of agricultural things get high, you see a supply response, and the response is really showing up now,” Hurt said. “We’ve seen multiple years of this explosion to the upside, particularly with short production. If we can get back to normal supplies in the U.S., we’re going to moderate these basic farm prices — and those prices are what drive land values.” But most Midwestern farmers should be in fine financial shape. During the last agricultural bust, in the early 1980s, farmers were heavily in debt and many lost farms. But since then, lenders have been especially cautious, lending only a small percentage of a sale price. Besides, farmers have been making record incomes, and that means they’ve been paying with cash — if they’ve been buying land at all. “There’s a lot of talk of a possible bubble in land values,” said Ron Plain, an agricultural economist with the University of Missouri. “But the good news is we haven’t sold a lot of land, so not a lot has been purchased at these high prices. A lot of farmers have pretty good cash flow, so the land that’s been sold hasn’t been sold with a lot of debt.” A stronger stock market, Plain said, has sent investors back to Wall Street. “I would guess we’re not going to see a lot of investors buying farmland.” So, if farmers get what they want in the next couple of years — good weather and good harvests — farmland values could come down, Plain said. But in the meantime, they’re just growing at a relatively modest 2 or 3 percent. “We’ve had weather, huge demand growth, changes around the world. What’s normal these days? We’ve lost our base of understanding,” Hurt said. “We’re going to learn what’s normal in agriculture in the next few years.” Continue reading




