Carbon Sequestration: Robin Hoods of the Forest?
Appearing as tree huggers, utilities draw skeptical reaction from environmentalists.
At first glance, it looks like the same old story: Environmentalists versus utilities. But this time, the utilities are the ones fighting for the forests (em with a twist.
Utilities, major producers of carbon dioxide, believe they've found a cost-effective way to offset emissions through carbon sequestration, or sinks, which means converting pastures to forests or maintaining old-growth groves.
But environmentalists call it an easy way out.