Two Big Box Stores To Help With Saving Forests

10.09.09 | FL News Team

A pilot program to conserve rapidly disappearing forests in the Southeast will involve the efforts of Staples and Home Depot along with environmental groups. The two big box stores will provide funds for paying private landowners in Tennessee, Virginia and North Carolina to conserve and manage their forested land. Private landowners in the region will be required to put their land in conservation easements and manage it to increase carbon sequestration. That refers to carbon stored in unharvested trees and any added trees that absorb carbon dioxide from the atmosphere.

Staples and Home Depot will retire any carbon credits gained in the transactions. The Southeast is home to two percent of the world's forests, but is the provider of 20 percent of lumber and pulp for wood and paper product industries.