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Carbon Conscious Enters Tree Planting Carbon Offset Deal with BP
Wednesday October 14, 2009, 11:02 am

Original Announcement: BP and Carbon Conscious Agree Deal

Carbon Conscious reported that it and BP have signed contracts for a large scale Australian bio sequestration project involving the planting of up to 10m trees to absorb carbon from the atmosphere. The deal signals an important move by BP to secure capacity in the Australian carbon forest sink industry. The contract involves BP paying Carbon Conscious to create large scale commercial plantings of Mallee Eucalypt trees on less viable agricultural land in the wheatbelt regions of Australia.

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