“Nobody understands how a carbon market of US$64 billion can be created in the developed countries but that no funds can be found to prevent the annual deforestation of 13 million hectares,” he said.

The potential for carbon sequestration in the soil is estimated at 5.5 gigatons annually with good land management practices, equivalent to 13% of current emissions from all sectors.

noting that cows produce 13 to 30 lb. of carbon dioxide per pound of meat.