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      <p>Canada owns about 10% of the world&apos;s forests.</p>
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    <div begin="14.00" dur="3.33s">
      <p>Three quarters of our forests are boreal forests and we have</p>
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    <div begin="17.33" dur="2.53s">
      <p>a stewardship responsibility to understand how these</p>
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    <div begin="19.86" dur="2.6s">
      <p>forests contribute to the global carbon cycle</p>
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    <div begin="22.46" dur="2.8s">
      <p>in the exchange of greenhouse gases with the atmosphere.</p>
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    <div begin="28.33" dur="2.5s">
      <p>The research that we are doing with the Canadian Forest</p>
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    <div begin="30.83" dur="2.93s">
      <p>Service and in collaboration with provinces and even</p>
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    <div begin="33.76" dur="4.14s">
      <p>internationally is aimed at quantifying the contribution</p>
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    <div begin="37.90" dur="2.46s">
      <p>of Canada&apos;s forests to the global carbon cycle.</p>
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    <div begin="42.73" dur="2.5s">
      <p>One of the differences between managed and natural forests</p>
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    <div begin="45.23" dur="2.3s">
      <p>is that in the natural forest carbon is taken up from the</p>
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    <div begin="47.53" dur="2.6s">
      <p>atmosphere by trees and recycled back</p>
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    <div begin="50.13" dur="2.5s">
      <p>into the atmosphere through decomposition</p>
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    <div begin="52.63" dur="1.73s">
      <p>and forest fires.</p>
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    <div begin="56.00" dur="3.16s">
      <p>In the managed forest, we take the wood and the carbon</p>
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    <div begin="59.16" dur="2.77s">
      <p>to meet society&apos;s needs.</p>
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    <div begin="63.30" dur="2.83s">
      <p>A managed landscape tends to store somewhat less carbon</p>
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    <div begin="66.13" dur="2.8s">
      <p>than a natural forest landscape,</p>
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      <p>but because it&apos;s generally younger forests,</p>
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    <div begin="70.93" dur="1.87s">
      <p>that landscape takes up much more carbon</p>
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    <div begin="72.80" dur="1.73s">
      <p>from the atmosphere.</p>
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    <div begin="75.90" dur="1.9s">
      <p>Some people argue that we should conserve forests</p>
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    <div begin="77.80" dur="2.53s">
      <p>for the sake of reducing greenhouse gas emissions.</p>
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    <div begin="80.33" dur="2.33s">
      <p>The problem with that argument is that unless we reduce</p>
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    <div begin="82.66" dur="3.64s">
      <p>society&apos;s needs for timber, fibre and energy,</p>
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    <div begin="86.30" dur="2.86s">
      <p>these will have to be met through other means.</p>
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    <div begin="89.16" dur="2.47s">
      <p>That means we either go somewhere else to harvest</p>
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    <div begin="91.63" dur="3.23s">
      <p>or we use alternative products such as aluminium,</p>
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    <div begin="94.86" dur="3.1s">
      <p>steel and concrete to meet these demands and all of these</p>
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    <div begin="97.96" dur="3.4s">
      <p>have high fossil fuel emissions associated with them.</p>
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    <div begin="105.36" dur="2.5s">
      <p>Canada has a long history of sustainable forest management</p>
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    <div begin="107.86" dur="2.24s">
      <p>and as it turns out, the objectives of sustainable</p>
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    <div begin="110.10" dur="2.03s">
      <p>forest management are generally compatible</p>
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    <div begin="112.13" dur="3s">
      <p>with the objectives of good carbon management.</p>
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    <div begin="116.06" dur="1.9s">
      <p>We have opportunities through the management of forests</p>
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    <div begin="117.96" dur="4.27s">
      <p>to increase sinks and reduce sources and we need to explore</p>
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    <div begin="122.23" dur="3.77s">
      <p>how we can develop mitigation strategies to help us address</p>
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    <div begin="126.00" dur="2.76s">
      <p>global climate change through the management of our forests.</p>
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    <div begin="133.30" dur="2.36s">
      <p>One of the goals of sustainable forest management</p>
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    <div begin="135.66" dur="3.67s">
      <p>is that we achieve a balance between the amount we harvest</p>
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    <div begin="139.33" dur="3.4s">
      <p>every year and the amount that is re-growing every year.</p>
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    <div begin="145.73" dur="3.93s">
      <p>A sustainably managed forest can have stable carbon stocks</p>
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    <div begin="149.66" dur="2.4s">
      <p>while at the same time providing, every year;</p>
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    <div begin="152.06" dur="3.3s">
      <p>energy, fibre and timber to meet society&apos;s needs.</p>
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    <div begin="156.46" dur="1.94s">
      <p>That is in the long run how we achieve the greatest</p>
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    <div begin="158.40" dur="1.13s">
      <p>mitigation benefit.</p>
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