Carbon Storage
Monoculture tree plantations are said to provide the “ecosystem service” of carbon storage, which is promoted as a solution to halt climate chaos. But carbon is only stored in the trees for a short time, until they are cut down. Therefore, relying on plantations to store carbon is a false solution to avoiding climate chaos. Carbon offset plantations allow polluting companies to continue burning fossil fuels.
Bulletin articles
22 July 2023
After 14 years of profiting from tree plantations—and at the cost of destroying wetlands and communities—the Harvard Management Company, one of the largest investment funds, sold 88,000 hectares in Corrientes to Argentina's largest electric power company, Central Puerto, which also wants to produce wood, biomass energy and carbon offsets.
Bulletin articles
27 November 2001