Hi Everyone - Vicky here from the Forestry Commission. I'll have a go at explaining where we're coming from:
Firstly, the UK's woodlands do sequester carbon at the moment, so each year they take around 10 megatonnes of carbon dioxide out of the atmosphere. This is equivalent to around 2% of the UK's emissions of greenhouse gases. OK not a massive proportion, but a start. Interestingly, UK emissions of greenhouse gases are around 2% of global emissions, but we can't just say we (the UK) can't be bothered to do anything about our emissions - we need to do everything we can to cut them. In the same way although the amount of carbon dioxide removed from the atmosphere by UK woodlands is small, it does help, from the atmosphere's point of view.
Second, woodlands sequester in their growth phase and become 'carbon neutral' once they reach maturity so for the woodlands to keep removing CO2 from the atmosphere, we need to keep planting new ones (or harvest timber from the ones we've got, use the timber in long-life products, and make sure there's new trees growing somehow).
And finally ... like it or not there are lots of companies out there who offer 'woodland carbon sequestration' as an option to 'offset' carbon emissions. As you all point out there is some scepticism surrounding their real benefits. What we are trying to do is to create a standard (The Woodland Carbon Code) for such businesses, or any landowner/manager interested in 'selling' the carbon accrued on their land. Whoever wants to meet the standard would have to get certified to the Code in a manner similar to UK Woodland Assurance Standard, so that there is more confidence that the carbon they say is sequestered really is. We're not advocating this as the preferred 1st option - we want people to a) stop emitting if they can b) reduce the emissions they still end up making c) then think about planting some new woodland to sequester carbon.
And last not least - like Kris says: Hopefully it will mean that there is more money available for those of you interested in creating new woodlands ;-)
See also this thread: http://www.swog.org.uk/forum/topic.php?id=705
Vicky