CO2
Removing Cardon Dioxide from the atmosphere
Trees capture the atmospheric greenhouse gas, carbon dioxide (CO2), for photosynthesis, releasing oxygen as a waste product. Photosynthesis is vital for all aerobic life on Earth.
City Forests' is now operating at a sustainable level of harvest and with an uneven mix of age classes our total net balance of carbon stored, after harvesting and replanting, will tend to fluctuate around a neutral level. In the 2022-23 year the net balance stored in our forests was 7.4 million tonnes of CO2-e.
In 2023 the company's registered post-1989 forests sequestered a net 105,000 tCO2-e.
The company started carbon trading in 2010 under the New Zealand Emissions Trading Scheme. To date we have achieved net sales of nearly $51 million.