we should just stop cutting, burning, and remove forest space... trees are very good at replanting themselves, they had hundred of million of years to perfect it
As far as pure sequestration goes, fast growing plants like hemp are better candidates.
Make charcoal. Use the waste heat. Put the charcoal back in the soil, so you're not depleting it of phosphates, minerals, or nitrogen. Repeat.
Maybe you can even use the waste heat to run the Haber process.