9:25 AM me: hey love
Joaquin: hola
me: so you all are leaving for the LVC?
Joaquin: si,
me: cuando y como?
Joaquin: we're renting a car from the airport
9:26 AM me: que envidia!
Joaquin: vente!!
que pues.
es unico
acabo next week vamos a estar metidos aqui toda la semana
9:27 AM me: a que horas se van
Joaquin: como a las 1030
me: :-/
how are you getting form ehre to aeropuerto
9:29 AM is the YOUNGO mtg over
Joaquin: taxi
todavia no
we're meeting with latin american youth caucus after
question, what did alberto call redds earlier?
how did you connect it to the mortgage?
me: speculative market
9:30 AM REDDs creates a speculative market in the value of forests and the value of pollution by tying them to units of "carbon"
that way you can buy or sell it
however
our money system is theoretically tied to the gold standard
9:31 AM however in the carbon there is no basis in reality to tie it down
like the value of of the houses in a housing bubble (that was created by the subprime mortagages)
but for latin american youth
the better analogy will be the corn fiasco a few years back.
when biofuels came on the market
the price of corn rose from being a food commodity (low price) to a fuel commodity (higher value)
9:32 AM and then there wasn't corn in the markets in mexico to feed people
and people couldn't by toritllas or the torilla makers couldn't buy the masa, etc.
creating a speculative markets = capture by the people with the most money, causes hoarding and also invites fraud
9:36 AM [does that help?]
9:46 AM me: thus REDDs will make it so the people who have been working and living in forests since time immemorial will not be able to afford to keep living using and taking care of forests
9:48 AM the "value" of the forests will be captured and traded among the very rich
9:49 AM and the industrialized and post-industrial areas in the north - the sacrifice zones - will continue to be devalued, not restored, and the people who live in them, desechables
"Your task is not to seek love, but merely to seek and find all the barriers within yourself that you have built against it." -- Rumi
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