Feb 26 2008

PG&E makes first investment to preserve California forests

Posted by: Leonard Anderson

Pacific Gas and Electric Company's ClimateSmart program is making its first investment in greenhouse gas emission reductions, purchasing 214,000 metric tons of carbon offsets to help preserve two forests in northern California, the utility said on Tuesday.

The program will help preserve the Garcia River Forest in Mendocino County and the Lompico Headwaters Forest in Santa Cruz County.

"These investments mark a major milestone ion the use of high quality forest sequestration offsets as an effective mechanism to address climate change," said Nancy McFadden, senior vice president of public affairs for PG&E.

"We're honored to be making these purchases on behalf of our ClimateSmart customers," McFadden said. "Through their commitment to the environment, we've been able to sequester a significant amount of greenhouse gas emissions and protect some of California's most precious resources."

You can link to the PG&E press release for more information on the utililty's investment and its ClimateSmart program.

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