Wednesday, October 1, 2008
Vatican Reforestation Project
VATICAN CITY (CNS) -- The first saplings of the Vatican Climate Forest, a reforestation project to offset the Vatican's carbon dioxide emissions, will be planted in November, the Vatican newspaper said. The U.S.-based Planktos Inc. and its Hungarian partner, KlimaFa Ltd., are restoring more than 600 acres of forests in Hungary along the Tisza River to offset emissions of carbon dioxide, or CO2. The two companies earn money by selling greenhouse-gas mitigation credits to individuals and businesses. Whatever carbon dioxide emissions an individual or company cannot eliminate can be offset by planting trees or buying the carbon mitigation credits of a company that plants trees or takes other action to eliminate carbon dioxide from the atmosphere. Planktos and KlimaFa announced in 2007 that they would donate to the Vatican enough mitigation credits to offset the Vatican's annual CO2 production, estimated at 10,000 tons.