STAND. COM. REP. NO. 1973

                                 Honolulu, Hawaii
                                                   , 1999

                                 RE: S.C.R. No. 202
                                     




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Energy and Environmental Protection, to
which was referred S.C.R. No. 202 entitled:

     "SENATE CONCURRENT RESOLUTION REQUESTING THE CONVENING OF A
     MEETING TO CONSIDER MEANS TO ATTRACT CARBON INVESTMENTS TO
     MITIGATE GLOBAL WARMING THROUGH SUSTAINABLE FORESTRY IN
     HAWAII,"

begs leave to report as follows:

     The purpose of this concurrent resolution is to request the
convening of a meeting to consider means to attract carbon
investments to mitigate global warming through sustainable
forestry in Hawaii.

     Your Committee recognizes that efforts to strengthen
Hawaii's sustainable forest industry would benefit the state
economy and mitigate global warming, as forests serve to reduce
the overall net emissions of greenhouse gases into the
atmosphere.  Therefore, your Committee encourages the meeting
participants to also consider the benefits of growing annual
crops as well as developing agricultural greenbelts in addressing
the global warming issue.

     The Department of Land and Natural Resources, the Department
of Hawaiian Home Lands, and Martin & MacArthur testified in
support of the measure.

     As affirmed by the record of votes of the members of your
Committee on Energy and Environmental Protection that is attached

 
 
                                 STAND. COM. REP. NO. 1973
                                 Page 2

 
to this report, your Committee concurs with the intent and
purpose of S.C.R. No. 202, and recommends that it be referred to
the Committee on Finance.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Energy and
                                   Environmental Protection,



                                   ______________________________
                                   HERMINA M. MORITA, Chair