Canada’s Forests are Worth $93B Each Year

An economist, Mark Anielski, has looked at the benefits of keeping Canadian forests. The conclusion is that each year Canada’s forests do $93 billion in carbon regulation and tourism. Anielski says that we need to take this into consideration when we talk of chopping down trees and our overall approach to the boreal forest.

“Boreal forests regulate the climate by capturing and storing an estimated 67 billion tonnes of carbon in Canada alone – a job worth $1.8 billion, based on the price of carbon emissions from the global insurance industry.”