Mongabay: Indonesia will revoke existing forestry licenses to cut down natural forests under the billion dollar deal climate deal signed with Norway last week, reports Reuters. Agus Purnomo, head of the secretariat of Indonesia’s National Climate Change Council, told Sunanda Creagh of Reuters that part of the billion dollars pledged by Norway would be used to compensate palm oil developers and timber companies that would lose forest concessions under the emissions mitigation program. …