did any trees survive 2007, page-19

A little excerpt for carbon credit hopefuls to absorb:

"This is a mega-trend in our view. When you look at what is happening in the world it's all about milk and butter prices rising by 50%. The wheat price is up 100%, corn by 50%, soy by 70%, even coffee is on a 10-year high. This is the awakening of agflation, inflation for agricultural products."

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=100155

THE FOOD vs CARBON CREDIT war has only just begun and sadly for the credit market (and COZ holders) it will never have the capacity to outbid food markets for farmer's land.