Segrass carbon sequestration could be worth as much as A$45 billion, based on the current carbon price of about A$23 per tonne.
Seagrass is 35 times more efficient at sequestering CO2 than rainforests. It captures and stores carbon through photosynthesis and by trapping particles in the water column. This process – known as biosequestration – is what created fossil fuels in the first place.
The plant could play a vital role in helping reverse the earth’s dangerous warming trend and could help Australia meet its global obligations to reduce greenhouse gases.
Read more at University of Technology Sydney