DTE Energy is a participating member of the UtiliTree Carbon Company. UtiliTree is a consortium of 41 utilities organized by the Edison Electric Institute to invest in a portfolio of forestry projects that manage GHG emissions, particularly CO2. A $3.2 million investment in eight domestic and two international projects will capture over 3 million tons of CO2 over the life of these projects.
DTE is a founding member of PowerTree Carbon Company, LLC [1], a voluntary carbon sequestration initiative. PowerTree, which has 25 member companies, will invest $3.4 million for reforestation of over 3,800 acres of bottomland hardwood projects in Arkansas, Mississippi, and Louisiana. The projects will sequester approximately 1.7 million tons of CO2 over the next 100-years.
To view carbon sequestration and offsets programs of all BELC members, visit What's Being Done in the Business Community [2] section of this site.
Links:
[1] http://www.powertreecarboncompany.com/
[2] http://www.pewclimate.org/what_s_being_done/in_the_business_community/sequestration.cfm