EPA emissions limits? Brazil sees potential gains.

13 June 2014

While many US lawmakers are pulling out their hair over the White House’s newly proposed limits on state carbon emissions, the Brazilian state of Acre sees a green opportunity.

Officials here hope that the US Environmental Protection Agency’s recently proposed limits on greenhouse-gas emissions will spur more demand for “carbon credits” that Acre is collecting by preventing deforestation in this remote northwestern state in the Amazon forest bordering Bolivia and Peru. While the new EPA rules do not directly address international carbon credits from places like Acre, officials in Brazil and the US see it as a crack in the door toward such a protocol.

“It’s a good sign,” says Alberto Tavares, who is in charge of managing and selling Acre’s carbon credits. “The US is traditionally not so committed to these limits.”

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