First, getting 5% of the world's farmland (meaning farmers) to plant her suberin-enhanced variants is extremely unlikely unless there were some benefit to be derived from doing so (and I don't mean the whole CO2-reducing "benefit," as that's no benefit at all to farmers). Absent that, it'll never happen.
Second, suberin isn't biodegradable? If the amount of suberin available is greatly increased, I can pretty much guarantee that there will be some organism or group or organisms that figure out how to make use of it. No such a thing as naturally-produced non-biodegradable compounds.