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
24 October 2024
In Congo-Brazzaville, tree planting projects intended for carbon markets have proliferated over the past four years. This concerns large-scale developments of monocultures initiated by oil companies under the seductive term of carbon neutrality and promises of job creation for communities. But in reality, they are neither a solution to the climate crisis nor a benefit for the communities of Congo.
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.
Other information
16 January 2023
An investigation by SourceMaterial and Unearthed exposed some of the impacts of a major tree-planting carbon offsetting project in the Republic of Congo from oil giant TotalEnergies, which was announced at the end of 2021.
Other information
22 March 2022
An article from Mongabay news portal alerted the announcement of French oil giant Total Energies for developing a 40,000 hectare monoculture plantation in the savannahs of the Republic of Congo to offset its emissions.
Bulletin articles
27 November 2001
