New Orleans, La. – Entergy
Corporation announced completion of the registration of a reforestation project
in Arkansas and Louisiana that will remove an estimated 460,000 tons of carbon
dioxide over the next 40 years.
The project, which involved restoring
2,942 acres of marginal agricultural land to native bottomland hardwood forests,
is registered with the widely respected American Carbon Registry and is one of
only a few U.S.-based reforestation projects registered anywhere. Entergy
partnered with The Conservation Fund and Trust for Public Land, which helped
acquire the lands; Environmental Synergy, which planted the trees; and
TerraCarbon, which provided technical assistance and project documentation.
“The reforestation project
partnership we’ve used here represents an innovative market-based approach to
help slow and reduce the buildup of greenhouse gases,” said Steve Tullos,
Entergy’s manager, corporate environmental initiatives. “By taking the lead with
this project, we hope to encourage companies in our industry and others to use
this model to take a more proactive position toward the environment.”
Bottomland hardwood forests are
forested wetlands that originally covered more than 30 million acres in the
Lower Mississippi Valley. The reforested lands were replanted with native
species, primarily bald cypress and bottomland oaks in the Tensas, Red River,
Overflow, and Pond Creek National Wildlife Refuges, currently managed by the
U.S. Fish and Wildlife Service. Most of these forests were destroyed by logging
in the early 1900s and further reduced by conversion to agriculture in the 1960s
and 1970s.
“Restoration not only soaks up
greenhouse gases from the atmosphere, it also improves local water quality and
increases areas to store floodwater,” Tullos said. “In addition to climate and
water benefits, the project increases habitat for waterfowl, migrant songbirds,
and other wildlife including the threatened Louisiana Black Bear.”
“ACR is thrilled to work with Entergy
and its partners on this project,” said Nicholas Martin, chief technical officer
of ACR. “One of our key goals is to incentivize and reward early action, and
utilities like Entergy have been the true early movers on such projects since
the early 2000s, but relatively few of them have been verified and registered.
In terms of clear additionality, low reversal risk, wildlife habitat and
benefits to landowners, reforesting the Lower Mississippi is hard to beat.”
Entergy Corporation is an integrated
energy company engaged primarily in electric power production and retail
distribution operations. Entergy owns and operates power plants with
approximately 30,000 megawatts of electric generating capacity, and it is the
second-largest nuclear generator in the United States. Entergy delivers
electricity to 2.8 million utility customers in Arkansas, Louisiana,
Mississippi, and Texas. Entergy has annual revenues of more than $11 billion and
approximately 15,000 employees.
TerraCarbon LLC is an advisory firm
that supports the development of forest- and land-based projects that reduce
greenhouse gases. TerraCarbon provides technical, transaction and strategic
advisory services to the world’s leading conservation organizations,
forward-thinking corporations and environmental market investors.
www.terracarbon.com.
The nonprofit American Carbon
Registry, part of Winrock International, is a leading carbon offset program
recognized for its strong standards for environmental integrity. Founded in 1996
as the first private voluntary registry in the world, ACR has 15 years of
experience in the development of rigorous, science-based carbon offset standards
and methodologies as well as in carbon offset issuance, serialization and
transparent online transaction and retirement reporting.
www.americancarbonregistry.org.
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entergy.com
Twitter: @Entergy