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Californias cap-and-trade program pays loggers clearcut old-growth forests

2014-04-03 17:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Timber industry lobbyists clinched a nice little victory in Sacramento four years ago, and now forests and the climate are paying the price. Under Californias cap-and-trade program, which began in late 2012, timber companies can earn carbon credits by felling forests and chopping down old-growth trees and then replanting the razed earth with younger trees. Which they will eventually chop down, again, after they have grown. The idea was that the younger trees would suck up a lot of carbon dioxide...

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