I am pretty suspicious of the idea that humans (especially the humans who come up with the lowest bids to win these contracts) can store planetary-scale amounts of carbon dioxide over geologic time.
This may very well accomplish nothing.
i.e. We'll cut down the real trees and replace them with efficient carbon collecting "tree" buildings.
At that point carbon levels become an active decision. The words environmental policy would take on a completely different meaning.
I bet you could buy a whole acre of forest for that. Best part is, you don't have to perform maintenance or anything on an acre of forest.
http://www.arborday.org/Shopping/Trees/PopularTrees.cfm?zone...
Around $6 a tree, and lets say the remaining $24 goes to some middle school kid to plant it for you.