Bitcoin, meanwhile, has gained 164 per cent in the last one year - from a level of around $37,000 to nearly $98,300 now. This is despite the cryptocurrency halving in April 2024.
It becomes part of the Earth’s natural carbon cycle, eventually escaping back into the atmosphere when the trees die before eventually being reabsorbed again by some other natural landscape.
What is the plan to stop deforestation? Forests absorb vast amounts of carbon dioxide (CO2) - a major contributor to global warming - so cutting down trees can have a big impact on climate change.