Its true. Here’s a quote from the Economist magazine.
A climate model suggests that chopping down the Earth’s trees would help fight global warming
Actually to be honest, while they did make those findings, they concluded that its better to replant the rain forests around the equator instead of at the higher latitudes. Anyway you can read the rest of the article here.
Its got nothing to do with money, except that you shouldn’t blindly believe anything you here or read. Especially if theres a politician involved!