ENTERGY CORPORATION : Entergy Project Restores Nearly 3000 Acres of Bottomland … – 4

May 23rd, 20125:50 pm @

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05/23/2012 | 01:21pm

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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Article source: http://www.4-traders.com/ENTERGY-CORPORATION-12512/news/Entergy-Corporation-Entergy-Project-Restores-Nearly-3-000-Acres-of-Bottomland-Hardwood-Forests-14341761/