Vermont forest reserve to offset California carbon emissions

MONTPELIER, Vt. (AP) — A nature reserve in Vermont will store carbon to help California meet its greenhouse gas reduction goals.

The Nature Conservancy announced Thursday it had acquired land around Burnt Mountain with the intent on preserving the forest while keeping it open to pedestrian recreation. The 5,400-acre forested site spans five towns in northern Vermont.

The Nature Conservancy said the forest is the first in Vermont eligible for California’s regulatory compliance market. California’s compliance program requires companies to reduce their carbon emissions, but companies can offset any remaining emissions by purchasing credits, essentially supporting forested land where trees absorb the carbon emissions.

The Nature Conservancy says the credits will have an approximate value of $2 million over a 10-year span.

Categories: California News