Interest In Forest-Generated Carbon Offset Markets Growing
In 2008, the F&W Forestry Report reported on the newly developing forest-generated carbon offset market. At the time, the market was fairly young but the Chicago Climate Exchange (CCX) was buying and selling carbon credits (or “offsets”) on a voluntary basis and F&W was a CCX-approved carbon aggregator. But a lack of national policy on climate change and low market activity eventually led the CCX to cease trading carbon.
With worldwide carbon emissions continuing to trend upward, there has been a renewed interest from both public and private sectors to increase the capture of atmospheric carbon through active forest management.
In the winter newsletter, F&W’s John Godbee and Stephen Logan discuss how forest-generated carbon sequestration programs continue to evolve and the advantages, disadvantages, risks, and rewards to forest landowners wanting to participate in the market.
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