So this might be a dumb question, but if I landfill paper instead of recycling it, does it degrade? If not, is that a poor man's form of carbon sequestration? A cursory glance suggests this is correct [1], though you'd need to know a lot more to say that it was more carbon efficient than recycling.
[1] http://www.allaboutbags.ca/degradeinlandfill.html