Australian foresters began planting 510 hectares of pine this month as part
of a deal that a Japanese power company hopes will allow it to burn fossil
fuels. The agreement, which aims to win 鈥渃arbon credits鈥� under the Kyoto
Protocol on greenhouse gas emissions, was signed in February between Tokyo
Electric Power Company and State Forests of New South Wales. The plantation will
absorb about 9 tonnes of carbon dioxide per hectare each year. It could
eventually be extended to 40 000 hectares over the next decade.
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