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Aracruzs operations involve the cutting down of trees and industrial processes. Does the Company contribute to increasing the greenhouse effect?

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Aracruzs operations involve the cutting down of trees and industrial processes. Does the Company contribute to increasing the greenhouse effect?

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Aracruz still has not conducted a complete study of this question. Currently, the Company quantifies its emissions of greenhouse gases and also the quantity of carbon that is absorbed by its forests. This information is made available through our web site. The balance between our greenhouse gas emissions and the absorption of carbon through the growth of its forests is positive – that is, the Company absorbs more carbon compared to what it emits through its forestry and industrial operations. Thus, it can be preliminarily concluded that Aracruz is contributing to a reduction of the greenhouse effect. The Kyoto treaty still has not placed the issue of commercial forest growth as one of its priorities for the presentation of projects. This could be considered after 2012. Aracruz joined the Chicago Climate Exchange (CCX) in 2005, and was the first Latin American company to commit itself to GHG emisson reduction tergets. The targets assumed by the Company with the CCX establish emission re

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