The two carbons
The two carbons Carbon trading i nvolving forests is based on the premise that carbon is carbon, and that the carbon released from deforestation is the same as the carbon released from burning fossil fuels. This is simply not true. The carbon released through the use of fossil fuels (coal, oil and natural gas) has not been part of the functioning of the biosphere for millions of years. Once fossil fuels are extracted and burnt, that carbon – which until then had been safely stored underground – is released, thereby increasing the aboveground carbon stock. Once released, that carbon cannot be returned to its original storage place and the more is extracted, the more the total amount of carbon in the biosphere is increased. The release of carbon resulting from deforestation is a totally different matter. This carbon is part of the normal functioning of the biosphere and therefore, though deforestation increases the concentration of carbon dioxide in the atmosphere – thereby contributing ...