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
27 June 2024
Behind every tree plantation developed for carbon offsets, there are external agents seeking to profit from increased control over the land. And while they all have the same colonial approach, these plantations can vary widely: they can be large-scale monocultures or schemes with smallholder farmers; they can include exotic species or native species; and some of them may even exist on paper only.
Other information
27 June 2024
A report documents how a tree planting carbon project in Port Loko, Sierra Leone is violating the country’s community rights laws and risks locking families into 50-year contracts. The British oil company BP has already paid USD 2.5 million to Carbon Done Right, one of the companies behind this tree plantation and carbon offset project.
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
