Germany will use part of the proceeds it gets from selling carbon permits to industry from 2008 to help support the fight against climate change in developing nations, Environment Minister Sigmar Gabriel said.
Forests and tree plantations are seen as part of the solution since they store carbon at a rate 20 to 100 times more per acre than pastures and croplands. The substitution of composting and other organic techniques for fertilizers and pesticides on tree plantations also allows for increased carbon storage.