Weyerhaeuser is selling promises of carbon offsets on land it plans to log anyway.
“For large timberland purchases, carbon is an integral part of valuation, just as timber is,” Anton Pil, head of global alternatives for J.P. Morgan Asset Management, told the WSJit’s weird that Weyerhaeuser gets to claim all those carbon credits when the company is just, you’re not alone. There’s some pretty sticky math involved with justifying labeling for-profit forestry as climate-friendly.
“When we cut and convert trees into wood products, that carbon remains stored for the life of the product,” a WeyerhaeuserAdvertisementsome serious logical fallacies with how this actually works in real life. One of the key issues here is forest regrowth. Trees, obviously, take time to regrow and get back up to full sequestration strength—Weyerhaeuser can’t just roll out full-size trees to replace the ones it chops down for furniture or Home Depot planks.
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