Humans will definitely be fine even with if the worst projections come true. But we will loose tens of millions of years worth of biodiversity. Including some branches of life that may be hundreds of millions of years old.
Looks a great deal everyone will benefits from this. Imagine the great forests of Amazon, Congo and Indonesian forests getting saved because of this initiative
i would say this video did not cover enough of indonesia government dilemma. on 1 side, indonesia government want to make more money and grow its economy, one of the primary way of doing it is through increasing palm oil plantation. the other side there are global concern about carbon emission, which Indonesia can benefit of using carbon trading. ultimately indonesia government need to decide which one is more profitable and sustainable. not to mention the influence of private company and oligarch in indonesia government that are more benefit if indonesia open more palm oil plantation
I only have a very surface understanding of all the factors involved, and I'm very much jaded by U.S. politics and capitalism, so the following is a genuine question, not an accusation. Is the Indonesia "government", i.e. the people in government positions, asking for more money to invest in honest improvements (e.g. more money to pay for fire patrols, healthcare for the people who are actually working to improve the land, etc.) or is it asking for more money that will primarily line the pockets of the people in government positions?
@@im.empimpit’s a complex story😅, in the third world countries like Indonesia, a progress in the several sectors meaning also giving an access to corruption. Also, the Indonesia Government is really serious to chase great economic growth. For sure the government want to do the best their can for the country, but they also must searching what the most effective way to boost the economic growth, and the answer is always hurting the planet. Such as, Palm oil industries that proven to be really profitable for Indonesia. Even the new men in office (the president) said “don’t be scared of deforestation” when talking about palm oil plantations. And this is only the start, remembering that the president and their cronies are really close with oligarch that work in palm oil industry. So at this point Indonesia is blinded by the fast money maker, without knowing the future consequences.
@@polarbeart1486 Thank you for a great response! re: "remembering that the president and their cronies are really close with oligarch" and being "blinded by the fast money maker, without knowing the future consequences" - sadly, these are far too familiar in many parts of the world!
carbon offsets would work better if they were only a one time credit which needs to be maintained otherwise the credit is revoked. I really hope they don't treat them as carbon dividends where the estimated carbon sequestered every year is tallied. Carbon offsets need to be a finite resource and can't be part of a long term recurring source of greenwashing. The end goal should be that all land that can be protected is protected and the only way to offset your emissions is to protect more land or decarbonize your supply chain. If you're thinking "well what happens when all the land is bought, what can they do then?" then you are eerily close to finding out that the only way to actually improve GHG effect is to be carbon negative. We either get better science that proves that the protected land is sufficient to capture any remaining unavoidable emissions or we reduce emissions because there aren't enough natural ways of sequestering.
Indonesia only gets 10%? WHAT? Indonesia must create a carbon credit project that uses the forest scheme to become a state-owned company, so that Indonesia gets 100% of the benefits and the money can be used to fund nutritious food programs for Indonesian children.
What do you mean sir money are used to save the forest and only 10% goes to government remaining to the forest which employee the peoples to save the forest
@DgurlSunshine the video is talking about manufacturing (ie factories) causing pollution, not energy generation. Also, nuclear energy, even with its flaws, is currently one of the most "green" energy sources. New updates to nuclear energy technology is also making them safer and there's emerging tech to "use up" nuclear waste to produce more energy and make them less radioactive.
"Indonesia is Leary of foreigners dictating what to do with their national resources." that's exactly right. Indonesia is a sovereign nation that will not tolerate western intervention and interference. Let Indonesia profit from this WITHOUT the need for any western intermediary, middle man.
So basically companies are paying to preserve natural resources that were already there, while pumping out more carbon? Unless you are expanding natural areas I don't see how this prevents climate change at all.
that foreigner is EXTREMELY greedy and doesn't care about the environment. Indonesia should not stand to gain just 10% of the profits. instead they should make such projects as government owned and receive 100% of the profits. How freaking hard is it to market to VW to receive carbon credits? not that hard! so why the need for foreign middle man?
The world would only be a better place once we start to define rich by how many days we have clean air in a year and how less frequent we have extreme natural disasters, in stead of how many houses and stocks we own. Until then, anything is pure money game.
clean and CO2 have nothing to do with each other. CO2 is a transparent gas. if air is not clean it must be smoke or fog of some kind, that has nothing to do with CO2 and rainforests
The Indonesia government is only thinking about money, they are choosing between growing oil palm plantation or carbon offset projects. Where is its environmental effort? They clearly should invest in recovering more forests and supporting local communities who do that. I hope they can understand this.
Real, when they die they go to the bottom of the ocean, and actually make CO2 dissapear, instead of being released to the atmosphere like normal forests...
When an area designated as a carbon offset burns, and releases CO2, why is this not counted against the lease holder? Currently these emissions are not recognized.
This country is too large to be managed, so it's impossible to manage it well. My suggestion is to follow the example of the United States by dividing it into several states, so that the neglected areas can reflect corruption. btw Hey Bloomberg, I like you, can you lower the price of Bloomberg Terminal for people living in developing countries like me in Indonesia? Hehe
Palm oil plantation: Humans repeatedly grow and harvest plants that pull CO2 out of the air. Carbon offset undeveloped land: Do nothing, and plants naturally grow and pull CO2 out of the air.
palm oil plantation harvest the fruit not the trees. They only re-plant it after 25 years. why don't you tell us about the corn, bean, wheat industries? Those are more inefficient compare to palm oil
Just stop the companies from buying palm oil and the forest will be atleast protected from one threat. Yet, nothing can protect it from forest fire, tree cutters and poachers.
Indonesian politican & government doesnt want indigenous/local people to get involved on this.. they will use the army & Jakarta politician to dictate and rules out how offset activity should be done on those forest... the greed of this country still amazes me
this is a fairly poor explanation of understanding the scale of the problem over time where current stakeholders will NOT be future stakeholders in the context of the timeline overwhich company and government performances are judged. too bad.
It's not difficult Indonesia. Make a broad open law first to generate some revenue or bring about the effect you want, then later be more specific when you've seen the effect that law had. 🤦♂
The best way to stop CO2 emissions is EU and the US to stop it. For example, the US sent a whopping 6,343 Million Metric Tons of CO₂. How long will it take for Indonesia to emit that amount?
Carbon Credits is a scam. They should get credit for restoration, not preservation. It's like if I stole $100 from you and said I'll pay you $10 compensation to not take another $100
With global GDP in 2050 of $225 trillion, that 0.44-%.. annual cost of capital assets by environmental mandate doesn't sound implausible at $ 1 trillion. If that's what's required to save the world, capital will preserve itself whether by self interest or public (government, ngo+) coercion. Externalities have to be efficiently priced or collectively born otherwise and possibly worse
I disagree with the order of things. Once my first step is done I'll worry about the second. Can't be bothered to save the world without first having a reason to do so.
Hmmm my car, central heating, and air conditioning, and all the miles of asphalt between us, and what we do. Or the planet. Now that's being between a rock, and a hard place.
The lamest title in human video history! Why fors it have to be about profits? Why not simply for human and animal SURVIVAL? Dumbest title I’ve ever read
In chaotic systems it is about these tiny tiny differences which make a system collapse - unfortunately in the US science is banned in most states from school.
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The planet will go on spinning without us and recover from almost anything, its not the planet we care about it’s ourselves
@@UserMum7512 live on the planet is also part of the planet
@@MrKAmsterdam just like dinosaurs lol. what makes you think we are so special?
This is what most people don't understand. they think they're doing some noble deed by shouting save earth, in actuality we should shout save humans
@@MDF4072 we should start with u
Humans will definitely be fine even with if the worst projections come true. But we will loose tens of millions of years worth of biodiversity. Including some branches of life that may be hundreds of millions of years old.
What is the question? Everyone profits from saving planet
Right wingers will say that climate change is a hoax spread by *insert scapegoat* to defeat the west (white people)
well, the reality is more nuance than that. for example have you heard about greenwashing?
@@mriz nope
Trump hates this kind of answer
@@MrKAmsterdam i am not surprised lol))
That's rich, so when the US does not profit the most from something it's all of sudden a bad thing.
Elaborate
Looks a great deal everyone will benefits from this. Imagine the great forests of Amazon, Congo and Indonesian forests getting saved because of this initiative
Saving the planet ❌ saving for themselve for future profit ✅
Who Actually Profits From Saving the Planet? EVERYONE
And those whose invested in green energies and green technologies.
The problem is that calling land you couldn't use for farming in the first place a "carbon credit" isn't actually doing anything to save the planet.
i would say this video did not cover enough of indonesia government dilemma.
on 1 side, indonesia government want to make more money and grow its economy, one of the primary way of doing it is through increasing palm oil plantation. the other side there are global concern about carbon emission, which Indonesia can benefit of using carbon trading.
ultimately indonesia government need to decide which one is more profitable and sustainable. not to mention the influence of private company and oligarch in indonesia government that are more benefit if indonesia open more palm oil plantation
I only have a very surface understanding of all the factors involved, and I'm very much jaded by U.S. politics and capitalism, so the following is a genuine question, not an accusation. Is the Indonesia "government", i.e. the people in government positions, asking for more money to invest in honest improvements (e.g. more money to pay for fire patrols, healthcare for the people who are actually working to improve the land, etc.) or is it asking for more money that will primarily line the pockets of the people in government positions?
@@im.empimpit’s a complex story😅, in the third world countries like Indonesia, a progress in the several sectors meaning also giving an access to corruption. Also, the Indonesia Government is really serious to chase great economic growth. For sure the government want to do the best their can for the country, but they also must searching what the most effective way to boost the economic growth, and the answer is always hurting the planet. Such as, Palm oil industries that proven to be really profitable for Indonesia. Even the new men in office (the president) said “don’t be scared of deforestation” when talking about palm oil plantations. And this is only the start, remembering that the president and their cronies are really close with oligarch that work in palm oil industry. So at this point Indonesia is blinded by the fast money maker, without knowing the future consequences.
@@polarbeart1486 Thank you for a great response!
re: "remembering that the president and their cronies are really close with oligarch" and being "blinded by the fast money maker, without knowing the future consequences" - sadly, these are far too familiar in many parts of the world!
carbon offsets would work better if they were only a one time credit which needs to be maintained otherwise the credit is revoked. I really hope they don't treat them as carbon dividends where the estimated carbon sequestered every year is tallied. Carbon offsets need to be a finite resource and can't be part of a long term recurring source of greenwashing. The end goal should be that all land that can be protected is protected and the only way to offset your emissions is to protect more land or decarbonize your supply chain. If you're thinking "well what happens when all the land is bought, what can they do then?" then you are eerily close to finding out that the only way to actually improve GHG effect is to be carbon negative. We either get better science that proves that the protected land is sufficient to capture any remaining unavoidable emissions or we reduce emissions because there aren't enough natural ways of sequestering.
Indonesia only gets 10%? WHAT? Indonesia must create a carbon credit project that uses the forest scheme to become a state-owned company, so that Indonesia gets 100% of the benefits and the money can be used to fund nutritious food programs for Indonesian children.
EXACTLY
What do you mean sir money are used to save the forest and only 10% goes to government remaining to the forest which employee the peoples to save the forest
those companies isn't that fool for doing greenwashing scheme
That's right, it should be like Saudi Arabia where 100% of Aramco's oil revenue belongs to Saudi Arabia.
2:24 why use "cooling towers", that usually represent nuclear power plants, to represent "polluters"?
toxic waste is food?
@DgurlSunshine the video is talking about manufacturing (ie factories) causing pollution, not energy generation. Also, nuclear energy, even with its flaws, is currently one of the most "green" energy sources. New updates to nuclear energy technology is also making them safer and there's emerging tech to "use up" nuclear waste to produce more energy and make them less radioactive.
@@DgurlSunshine On the video these towers expell pure water vapor...
The trouble is, while we're figuring this out, we're cutting the branch we're sitting on. Once it breaks, it will be too late.
only green propaganda tell you that
"Indonesia is Leary of foreigners dictating what to do with their national resources."
that's exactly right. Indonesia is a sovereign nation that will not tolerate western intervention and interference. Let Indonesia profit from this WITHOUT the need for any western intermediary, middle man.
US cut trees ✅✅✅
ASEAN cut trees ❌
So basically companies are paying to preserve natural resources that were already there, while pumping out more carbon? Unless you are expanding natural areas I don't see how this prevents climate change at all.
that foreigner is EXTREMELY greedy and doesn't care about the environment. Indonesia should not stand to gain just 10% of the profits. instead they should make such projects as government owned and receive 100% of the profits. How freaking hard is it to market to VW to receive carbon credits? not that hard! so why the need for foreign middle man?
We all do, we all do...
The world would only be a better place once we start to define rich by how many days we have clean air in a year and how less frequent we have extreme natural disasters, in stead of how many houses and stocks we own. Until then, anything is pure money game.
well if you’re european or american then the polluted air has been outsourced to asian cities. so you’re okay thanks to globalisation
clean and CO2 have nothing to do with each other. CO2 is a transparent gas. if air is not clean it must be smoke or fog of some kind, that has nothing to do with CO2 and rainforests
Fossil fuel companies should actively participate in carbon off set projects.
Carbon capture technology is already very heavily funded by oil producers and is an actually scalable technology
This will turn very dark once PE firms really get into it
The Indonesia government is only thinking about money, they are choosing between growing oil palm plantation or carbon offset projects. Where is its environmental effort? They clearly should invest in recovering more forests and supporting local communities who do that.
I hope they can understand this.
Of course only in a capitalist structure do we have to ponder whether or not saving the planet is profitable enough to do.
Indonesian President Prabowo downplays deforestation and plans to increase palm oil plantations
If someone is profiting from saving the planet, we must put a stop to it! Stop profiting or saving? How about both?
Sea Plankton and Algae is so underrated.
Real, when they die they go to the bottom of the ocean, and actually make CO2 dissapear, instead of being released to the atmosphere like normal forests...
Such an eye-opening perspective! You’ve shown that growth doesn’t happen by avoiding discomfort but by pushing through it and learning along the way.
Just sad that in every thing we do someone needs to make profit on it 😢😢
Palm-Oil can be cultivated in Africa 🌍.
You got the Greenspace.
You got the Carbon-Credits.
amazing! the reporter is not even indonesian citizen
afaik she's been living in Indonesia in a while
But isn't palm oil really efficient? If you don't use palm oil what trees have you got to grow and cut down instead?
Coconut, which is even worse.
the problem is HOW you use palm oil... the oil itself is better then others in terms of efficiency. We just need to plant it in a sustainable way.
@@Croz89or sunflower oil, which are too difficult in tropical zone
@@rahmadisatriowibowo7019 Nah, sunflower is too low in saturates to replace palm.
This is similar to how governments sometimes balance budgets. The way humans do math is concerning.
We humans profit from saving the planet ! .... 🙏 ....
When an area designated as a carbon offset burns, and releases CO2, why is this not counted against the lease holder? Currently these emissions are not recognized.
This country is too large to be managed, so it's impossible to manage it well. My suggestion is to follow the example of the United States by dividing it into several states, so that the neglected areas can reflect corruption.
btw Hey Bloomberg, I like you, can you lower the price of Bloomberg Terminal for people living in developing countries like me in Indonesia? Hehe
Palm oil plantation: Humans repeatedly grow and harvest plants that pull CO2 out of the air.
Carbon offset undeveloped land: Do nothing, and plants naturally grow and pull CO2 out of the air.
palm oil plantation harvest the fruit not the trees. They only re-plant it after 25 years. why don't you tell us about the corn, bean, wheat industries? Those are more inefficient compare to palm oil
Nobody
The size of Las Vegas ??? That does not sound right ?
musti di up nih beritanya, di liput Tempo atau bikin viral
biar apa diviralkan kalau mereka dapat untung dari Greenwashing juga
Just stop the companies from buying palm oil and the forest will be atleast protected from one threat. Yet, nothing can protect it from forest fire, tree cutters and poachers.
So... the Indonesian government want money for a work they don't do
We can't profit our way out of this.
Obviously a pr/lobbying piece paid by that offset organization..
Indonesian politican & government doesnt want indigenous/local people to get involved on this.. they will use the army & Jakarta politician to dictate and rules out how offset activity should be done on those forest... the greed of this country still amazes me
this is a fairly poor explanation of understanding the scale of the problem over time where current stakeholders will NOT be future stakeholders in the context of the timeline overwhich company and government performances are judged. too bad.
Worst possible framing of a global existential crisis.
So we're in major danger territory because capitalists around the world don't want to pay for something if they can't personally profit from it.
It's not difficult Indonesia. Make a broad open law first to generate some revenue or bring about the effect you want, then later be more specific when you've seen the effect that law had. 🤦♂
5:25 only 1-2 billlion dollars
The question is who actually gets RICH from saving capital natural assets?
Who actually profits from breathing air?
I don't know it's irony or not there is an Air conditioning in those office
The best way to stop CO2 emissions is EU and the US to stop it. For example, the US sent a whopping 6,343 Million Metric Tons of CO₂. How long will it take for Indonesia to emit that amount?
Carbon Credits is a scam. They should get credit for restoration, not preservation. It's like if I stole $100 from you and said I'll pay you $10 compensation to not take another $100
“Offsets” ??
What planet am I on & who “profits” from saving it ??
With global GDP in 2050 of $225 trillion, that 0.44-%.. annual cost of capital assets by environmental mandate doesn't sound implausible at $ 1 trillion. If that's what's required to save the world, capital will preserve itself whether by self interest or public (government, ngo+) coercion. Externalities have to be efficiently priced or collectively born otherwise and possibly worse
I disagree with the order of things. Once my first step is done I'll worry about the second. Can't be bothered to save the world without first having a reason to do so.
Why need foreign middleman? With indonesia only get 10%? This is what you called everyone should profit? Disgusting.
If everyone profits why do airlines charge passengers more to offset emissions? Doesn't make sense.
Everyone profits but you better believe there are a bunch of people who don't want to pay in any way.
is this ad for rimba raya?
Everyone, everyone profits as we can still earn a living in the future without killing ourselves
Hmmm my car, central heating, and air conditioning, and all the miles of asphalt between us, and what we do. Or the planet. Now that's being between a rock, and a hard place.
Maybe future generations
It’s not about profiting….
small
Greenwashing nothing else...
The lamest title in human video history!
Why fors it have to be about profits? Why not simply for human and animal SURVIVAL?
Dumbest title I’ve ever read
You need to wake up and see the real agenda. Stop being a sheep.
Very smart scam. Imagine make pollution in London people get sick in London and company's makes money and don't pay taxes for some land in Alaska.
We!
All!
Do!
Why is your title even a question?!
Ask capitalists, they don't want to do things if they can't collect personal profits from them.
Because it’s a legit question, where does the money actually go from these carbon credits, does it go to preserving the planet and our forests...
Just simple political greed
oh boy ! here we go again. capitalists are back in play. alright then. show me your money mate !
J = H
scam scam scam scam
Carbon dioxide forms very little of the atmosphere indeed.
In chaotic systems it is about these tiny tiny differences which make a system collapse - unfortunately in the US science is banned in most states from school.
Wow...shallow.
methane kills SO, WHAT IS FUKUSHIMA?
@@MrKAmsterdam HUMANS ARE MADE OF CARBON. TREES USE C02, DERP
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