Why Brazil is interested in “forests in exhaustion”

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During the climate negotiations in Poznan, Brazil pushed for “forests in exhaustion” to be included under the Clean Development Mechanism. Currently, any plantation established on land that was forested after 1 January 1990 is excluded from the CDM. Brazil hopes to overturn this ruling by arguing that severely degraded logged-over forests store little carbon and that the only way of storing more carbon on the land is by planting trees.
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Why is Brazil so interested in carbon credits for “forests in exhaustion”?

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On the final day in Poznan, a dispute took place between Saudi Arabia and Brazil over the Clean Development Mechanism (CDM). Saudi Arabia wants carbon capture and storage to be included in the CDM. Brazil wants carbon credits for “forests in exhaustion”. Saudi Arabia’s motivation is obvious. It wants to continue extracting and selling oil. But what is Brazil’s motivation? And what, exactly, are “forests in exhaustion”?
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