Today, the Center for Investigative Reporting (CIR) and FRONTLINE/World launched “Carbon Watch,” an investigative collaboration that will track the evolving, soon-to-be trillion-dollar global carbon market. The project will take an ongoing, in-depth look at the often hidden interests behind the proposed solutions to the climate change crisis.

This investigation will be presented on multiple platforms – print, radio, television and online – all aggregated on Carbon Watch. The Web site, produced by CIR and FRONTLINE/World, will provide the public with extensive ongoing reporting on the markets created by cap and trade, from original stories to background information, blogs and dispatches from reporters around the world.

“Climate change is one of the key issues of our time,” said Robert Rosenthal, Executive Director of CIR. “Through this unique collaboration with FRONTLINE/World, our goal is to make it possible for the world to experience what is happening in real-time through blogs, videos and in-depth reporting. ‘Carbon Watch’ provides the public with a compelling multimedia platform and a central place to learn about these critical decisions that will affect our environment, the global economy and the balance of power for years to come.”

The project is being led by CIR’s award-winning Senior Correspondent Mark Schapiro. “Carbon Watch” launches today with Schapiro’s first story, “The Money Tree,” a video report from Brazil. The video, produced in association with Mother Jones magazine – which features a print version of the story in its November/ December issue – follows the trail of a carbon offset project launched in a Brazilian forest by three U.S. companies: General Motors, Chevron and American Electric Power.

Schapiro is also the correspondent for a two-part radio series on this topic scheduled to air on American Public Media’s Marketplace in November. His ongoing coverage will include video and blog reports from the United Nation’s Climate Change Conference in Copenhagen in December. Further stories will be released in multiple outlets and on this Web site in the months to come.

“With ‘Carbon Watch,’ we’ve created a groundbreaking joint project in online investigative reporting that allows us to engage a worldwide audience on a complex and unfolding global story,” said Sharon Tiller, Series Executive Director, FRONTLINE/World. “This multimedia initiative brings together the best of in-depth reporting and innovative storytelling to create a unique evergreen web destination that covers the business of climate change in a way that goes far beyond current media coverage.”

For more information on Carbon Watch, visit

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