Trees in the Nature Conservancy ‘carbon credit’ acreage in the northeast Kingdom are too small to make a profit in the carbon-credit mark. But they learned a lot.
"The idea was that big California companies would pay good money — an estimated $2.4 million over a decade — to balance their greenhouse gas emissions by paying to protect trees, which pull carbon from the atmosphere, from logging. But last month, consultants reached a surprising conclusion: The Vermont forest doesn't store enough carbon to cover the project's costs because the trees are smaller than expected. In the cold, nutrient-poor hills north of Hazen's Notch, trees grow more slowly than elsewhere. "It's a hard life for a tree in northern Vermont," said Jim Shallow, the Conservancy's director of strategic conservation initiatives.
Read the Full Story at: