Intro

The current level of fossil fuel carbon output is around 9.9 billion tons a year according to the U.S. EPA.    Humans have destroyed around 1.9 billion hectares of forests worldwide.  The average carbon sequestration per hectare/year of old growth rainforests is around 10,000 pounds.  Those 2 billion hectares of forests would be absorbing nearly the entirety of our current fossil fuel carbon output every year had they not been destroyed.  In other words, human fossil fuel emissions are not the main problem.  It is the reckless destruction of the Earth’s carbon sinks that are causing CO2 levels to rise.*

It can take decades for a forest to reach a carbon sequestration level of 10,000 pounds/hectare/year.  However, bamboo can actually absorb more than double the carbon of old growth rainforests within months of being planted.   The average carbon absorption per hectare/year of certain bamboo species is over 22,000 pounds of carbon.

If slightly more than half of the deforested land was planted with bamboo,  100% of global fossil fuel carbon emissions would be offset in a matter of months and reverse the climbing CO2 levels.   The cost to subsidize 1 billion hectares of land to grow bamboo is estimated to average around $600 per hectare, or $600 Billion per year.  Less than the US military budget.

The CooBoo program is a voluntary, donation based concept with the goal of sequestering fossil fuel CO2 output through subsidizing the growing of bamboo forests.

*9.9 billion tonnes is 21.8 Trillion pounds of CO2.  1.9 billion hectares of forest absorbing 10,000 pounds per hectare per year is equal to 19 Trillion pounds. 1 billion hectares of bamboo absorbing 22,000 pounds per hectare/year is 22 Trillion pounds.

Sequestration

At 33 cents per gallon of fuel, CooBoo would be able to subsidize farmers to offset 100% of each gallons CO2 emissions in a sustainable and environmentally friendly way.

We use a figure of 10 tonnes of carbon per hectare per year to maintain a sustainable harvest model and to create a wildlife friendly environment.

Each gallon of gasoline contains 5.5 pounds (2.5 kg) of carbon when burned, and if each hectare absorbs 22,000 pounds (10 tonnes) of carbon per year, that sequesters the carbon from 4000 gallons (15,000 litres) of fuel.   At 33 cents per gallon, we collect over $1,300 for each hectare which allows us to subsidize farmers to grow bamboo, provide training, establish wildlife sanctuaries, create social programs, and cover all administrative costs.

The average net profit per hectare of land in South America is around $250. Sustainably harvested bamboo can make a net profit of over $1,000 per hectare. However, the 5-10 years of growth required before significant harvesting can begin is the reason for the subsidies.

Conservation

Wildlife Sanctuary
By subsidizing farmers directly, the harvest of the bamboo can be accomplished in a far more delicate manner that is friendly to wildlife. The bamboo farms would be treated like wildlife sanctuaries where any harvesting would only take place if no wildlife is threatened.  This is a critical aspect in creating a natural balance to the environment.

Bamboo species would be selected that are a balance of growth potential, product viability, and beneficial to wildlife native to those areas.

Soil Restoration
Bamboo also greatly benefits the quality of the soil. Bamboo’s extensive root system binds soil and protects against erosion; the composting leaves provide a continuous supply of nutrients where it grows; and it requires little to no use of fertilizers or pesticides.

Reversal of Desertification
Drought resistance bamboo can reverse the desertification cause by deforestation. The massive amounts of water than bamboo absorbs during the wet season is slowly released back into the soil during the dry season which can benefit many other species of plants and tress.

Community Benefits


Jobs
The number of jobs for growing and harvesting the bamboo will be comparable to crops it replaces. However, by creating vertical business development, we can create many more jobs for processing the harvested bamboo. Additional jobs would be available for conservation programs, social programs, anti-poaching, etc.

Resources
Harvested bamboo will first be made available to the local community for building materials and food.    Agroforestry will be employed to insure that the communities have free use of land to grow their own crops.

Training
Our organization will provide training to farmers and their workers to maintain an efficient growth and harvest schedule, maintain respect for the wildlife, insure safety of the workers, and to promote a culture of conservation and sustainability.

Fair Trade
All business practices will be conducted with a focus on fair trade. We will mandate a beneficial wage to all employees of the farmers whom we subsidize, safe and comfortable working conditions, and means of addressing grievances.

Commercial Products

Bamboo is highly versatile and can be used as a primary building material, a finishing and decoration material, food products, textiles, and even biofuel. CooBoo will work with companies interested in buying the harvested bamboo for these products.   However, a future goal will be to create vertical development so as to produce these products ourselves with a focus on production in the countries in which the farms are located bringing in more jobs and increasing the standard of living to the locals.

Marketing Strategy

Once our organization is in a position to start growing bamboo, we will begin targeting donors in the following stages.

Stage 1 – Aviation
Aviation will be an easier market to target than others because of its image as environmentally unfriendly. In addition, aircraft owner records are easy to obtain, there is a high benefit per donor, and the cost per aircraft owner is relatively low. Jet owners who pay operating costs of $5,000 per hour are less likely to object to $165 extra per hour to offset their CO2.

A very easy strategy we could implement is to partner with aviation fuel companies directly and offer a CooBoo credit card for fuel purchases so that when they use the card, CooBoo automatically receives the 33 cents per gallon.

We can also target Fixed Based Operators to offer our program to their clients when fuel is purchased which would help to market the organization.

Stage 2 – Corporations & Municipalities
Many corporations and municipalities are very dedicated to increasing their environmental consciousness and off-setting their carbon output. By joining CooBoo, these organizations would be able to advertise their environmental consciousness while providing our organization with very large influxes of donations.

Stage 3 – General Public
This would be the stage were anyone could donate using our website, or as with aviation, a dedicated CooBoo fuel card. At this stage, we would need to have bamboo plantations around the world and our name should also be easily recognized by most of the general public. The organization would need to be set-up for rapid growth in order to maintain the public’s confidence that their carbon output is being offset.