The Real Trees Delivering Fake Corporate Climate Progress

By Ben Elgin and Zachary Mider
Bloomberg
Dec. 20, 2020

Excerpt

GreenTrees declines to say how many of its landowners enrolled existing trees, but it appears to include the majority. A project report from 2017 that lists planting dates for 380 tracts of land participating in the carbon program indicates that 258 (or 68%) were seeded before the GreenTrees project began in 2008. “It’s hard to see the climate benefit in that,” says Royal Gardner, a law professor at Stetson University who studies environmental markets.

This article was originally published on the Bloomberg website on Dec. 20, 2020, with the headline, “The Real Trees Delivering Fake Corporate Climate Progress.”