It is becoming increasingly difficult to complete a day without encountering talk of climate change, global warming or carbon emissions. It is the increasing awareness of these problems and the need to combat them that is paving the way for landowners to realise extra money from woodlands and tree planting through carbon trading.
Growing trees absorb carbon dioxide CO2 from the atmosphere and store it as biomass through a process known as carbon sequestration. The reduction of CO2 from the atmosphere by trees can be used by industries to offset the CO2 omitted by their industrial processes. Companies are prepared to purchase carbon rights from landowners who have recently planted broadleaf woodlands.
Fisher German have recently been involved in securing the sale of carbon rights for a woodland plantation in Leicestershire, the new broadleaved plantation is set to earn the landowner in the region of £1000 hectare for its carbon rights.
There are a number of factors that must be satisfied for a woodland to be considered, it must not be a replant after felling, it must have permanence and have a lifetime of over 99 years and be an area at least 5 hectares.
For more information contact John Jo Roberts at Fisher Germans Ashby-de-la-Zouch office on 01530 412 821 john.roberts@fishergerman.co.uk