These types of projects capture carbon to remove it from the atmosphere and stabilize the climate.
Unlike emission reduction scheme this scheme generates economic activity rather than impeding it.
We still need to practice emission reduction but our objective is to mitigate Global Warming without shutting down entire industries and plunging hundreds of millions of people into financial hardship and even poverty.
Reducing emissions will not get rid of the carbon already in the atmosphere.
Otherwise carbon will stay in the atmosphere for thousands of years.
One of the world’s leading soil scientist Dr Rattan Lal believes the installation of a biological technology (photosynthesis in vegetation across 5 billion hectares worldwide) will extract billions of tonnes of carbon from the atmosphere.
This would draw down the equivalent of 50ppm (parts per million of CO2-e) from the atmosphere for 50 years. This will interrupt the rapid rise of Global Warming.
It will take only another 50ppm to the atmosphere before we reach 450ppm (which will increase Global temperature by 2°C).
We need to buy time for the transition to low-emission economies and renewable energy.
Capturing carbon will enable the world to avoid the larger worldwide economic disruptions.
If we can stabilise our emission rate steadily by capturing carbon affordably this may even begin to reverse the level of Co2 in the atmosphere and reduce global warming,
Research indicates that that planting trees is one of the cheapest way of taking CO2 out of the atmosphere.
Planting trees removes carbon from the atmosphere and stores it for a long time for a relatively low cost, less than $20 per tonne of carbon.
There are new tree planting technologies to help get the job done more efficiently.
A mass tree planting program could see millions of trees being planted each month.
Income is generated by the sale of carbon credits.
There is new technology that allows the planting of thousands of trees per day. With economies of scale, this is a cost-effective way to remove carbon from the atmosphere.
With new drone technology we can vastly increase the numbers of trees that can be planted.
New planting technologies using a cocoon around the sapling only require a one off amount of 15 litres of water. After that the tree is self sustaining in water because its roots go down,.
As well as removing carbon to lower global warming there are other advantages of these projects, such as mitigating droughts. An expanding body of evidence supports the idea that increased vegetation not only makes more rain locally but also hundreds of kilometres away.
If you’ve ever walked in a rainforest or even a greenhouse, you’ll know that the air inside is heavy with moisture.