Carbon Credits - getting paid to NOT cut your timber

[BSK]

Something tells me science has very little to do with it....

On that, you would be correct sir!

 

[BSK]

The water quality credits pay much better.

Interesting.

 

[@fulldraw]

Paying for carbon credits has been going on for 20 yrs. One company fails and another tries it. Has not taken off well but they still push it.

 

[PickettSFHunter]

This might work because it's not mature enough harvest yet anyway. But I wonder if the timber has to be a certain age before it can be enrolled. Acres of saplings can't be possibly be consuming much carbon when compared to a stand of mature timber.

But you make a good point; if they'll enroll ANY timber stand, I can see where the landowner might have a win+win. CC for 25yrs + a timber thin in yr 26.

I don't know but I would if it was younger trees. I only have 400-500 an acre in most of what I own so I'd call it a win at that

 

[readonly]

I sell carbon credits....not for timber but for energy generated by solar panels. $32 per 1k KW hours generated. The contract is for 3 years. So I get 32-96$ monthly. I think the broker gets like $5 credit sold. It is very tightly monitored as to how much is generated on a daily basis.

It was a consideration when making the initial investment to put in the solar panels as it shortens the break even point by a couple of years. We had our panels put in 8 months ago and it has completely covered the power bill so far...not the credits but the generation itself.