Bill Gates: Chop Down Trees and Bury Them to Save Planet
August 30th, 2023Via: Forbes:
But logging in the dark isn’t the most intriguing part of the plans at Kodama, which has raised $6.6 million in seed funding from Bill Gates’ Breakthrough Energy and others. After cutting down the trees, Jenkins plans to bury them—to help slow climate change and to reap salable carbon offsets (and maybe, someday, tax credits too).
Yes, the conventional idea is to plant trees to soak up carbon dioxide from the air and to then sell credits to corporations, private jet owners and others who need or want to offset their emissions. But scientists say burying trees can reduce global warming as well—particularly if those trees would otherwise end up burning or decaying, spewing their stored carbon into the air.