Forest Carbon Markets Overview & NRCS Forest Carbon Opportunities - Shared screen with speaker view
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Hey I’m gonna be taking notes with this app https://try.beulr.com/zoom/ — if anyone wants a copy just lmk (PM me)
Would like more explanation about how prevention of conversion sequesters. I think most people think this simply prevents emission, but does nothing to increase sequestration...
Yes, there are no RGGI forest offset projects. There are a few projects in the northeast but they are participating in the California program
Do you know the price being paid by companies who are purchasing carbon credits?
Raleigh - having trouble sending you a private message but would appreciate a copy of your notes. email@example.com
Does CORE carbon conflict with UVA requirements?
ncx allows harvesting. it just reduces the amount of carbon that can be sold.
How does the potential for stand-replacing natural disturbances play into these programs?
Over time as more and more landowners engage in carbon projects and theoretically less volume is harvested year to year, has anyone estimated or studied the impact this could have economically on the forest products industry? Will this cause increases in prices both for the raw materials as well as lumber prices? I fear this could create a death sentence to more wood using facilities.
Great question Kevin. Also, how is harvest sold into the mass timber market (sequestering for 100+ years) and making room in the forest for new growth/sequestering factored in? Isn't that a good thing?
Please also reflect on the need to discuss a carbon project and its financial implications with your accountant. There can be significant income tax implications.
actually, offsets allow emitters to continue polluting longer and cheaper than reducing their emissions.
Given the relatively low cost/ton for some of these markets, is the payback requirement if you violate or exit the contract a strong enough incentive?
Time permitting, can presenters comment on the effectiveness and cost of sequestration/atmospheric removal by forests versus by engineered mechanical systems/direct air capture?
Any thoughts on extending the notion of afforestation via tree intercropping with cropland and pastureland?
I.E. tree intercropping to increase ag sequestration to offset emissions from farming practices
In a voluntary market is there a long term commitment from funding partners? If Funding partner choose to invest in other carbon reduction methods and the money dries up for landowner programs then what is the long term gain or landowner commitment.
NRCS? Does a sugarbush qualify as "forest farming"
Can the presenters comment on the "Growing Climate Solutions Act of 2020" draft legislation that would have USDA maintain a list of GHG TSPs and offset programs? Is this needed since Ecosystem Marketplace is already doing it? Can USDA even do it?
NRCS does not buy carbon offsets. There is no conflict.
Who are the 800lb gorillas in the carbon remote sensing / aerial imagery space? Would hosts agree that smaller forest owners are more vulnerable to geospatial errors and or bias associated with scale / resolution?
Are you aware of any cases where forests have entered a carbon offset program where the landowner takes a benign neglect approach to management and due to the lack of management, the forest becomes a carbon source or was already a source and that became evident after carbon monitoring was completed?
Ali - I think it is possible to get NRCS resource management funding and paid for carbon credits in the same parcel. Could take this offline. But basically, how the landowner raises the funds to do IFM, should not have any bearing on whether the IFM creates credits on a completely separate market unless the FUNDER prohibits it. If NRCS doesn't see it as double dipping (and we can argue they don't), then it isn't double dipping.
On the NRCS site sent with the list of practices, I don't see a specific carbon practice listed?
Urban forest carbon - https://www.cityforestcredits.org/
There is the forest carbon CSP enhancement
to get to the enhancements
Is carbon taxed as ordinary income or capital gains?
Thanks very much
excellent information thanks