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But S.Oleum intends to plant more than 65 million additional macaúba trees by 2029, which would reforest 180,00 hectares – about 444,800 acres – in Brazil’s southeastern state of Minas Gerais. S.Oleum’s intricate business model combines agriculture, forestry, biodiversity, and carbonoffsetting – and that leads to a lot of complexity.
Additionally, asset owners will have the option to make Alternative Compliance Payments (ACP), a form of carbonoffset measure, to mitigate residual GHG emissions. The ACP fee is set at $234 per metric ton of carbon equivalent (tCO2e/year) per year and is subject to change every five years. are not typically included.
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