Building forests offsets emissions without hurting industry
Tucked away in a voluminous assessment released last year by the United Nation's Intergovernmental Panel on Climate Change (IPCC), there's an incredibly cost-effective way to reduce greenhouse gas emissions.
It's in the chapter on forestry.
Given the global economic crisis, the cost of "going green" is--not surprisingly--becoming an increasingly prominent factor as international regulators consider drafting environmental policies. This shift in priorities was evident in the latest round of U.N. climate talks, which ended last Friday in Poland.
After two weeks of negotiation, it looked as if participants were no closer to consensus on the terms of the treaty that will replace the expiring Kyoto Protocol, the 1992 agreement that requires most developed nations to reduce their carbon emissions. Issues of cost are one of the main reasons for this stalemate on emissions caps. One solution? Build new forests.
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