BSK
Well-Known Member
On that, you would be correct sir!Something tells me science has very little to do with it....
On that, you would be correct sir!Something tells me science has very little to do with it....
Interesting.The water quality credits pay much better.
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 thatThis 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.
Very interesting 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.
I would have guessed the price per acre would be higher on the oaks but maybe it's dependent upon density per acre of the trees??? We finally managed to get our pines cut on our farm and the loggers just wrapped about a month ago. We didnt get $2k/ acre but we definitely were mid $1's depending upon the stand they were in. Feels good getting those babies out of there!An example of the economics: my ridge-and-hollow property won't grow a food plot to save my life, but what it will grow - quite well - is Oaks. It will grow some amazing White and Red Oak. If we harvest an area down to 12" DBH, we can cut on about a 25-year rotation. Our part of the profits (after the split with the logger) ranges from $1,000-2,000 acre. Again, that's once every 25 years. These Carbon Credit companies are paying $200-300/acre over a 25-year contract, annualized (basically, $8-12/acre/year). So there's the difference. Sell CC for $200-300/acre every 25 years, or cut timber and make $1,000-2,000/acre every 25 years.
Our last cut, we did a 50/50 split with the loggers. The mill paid a hair over $4,000/acre for the trees (and that was a cut to 10" DBH), so we each made a little over $2,000/acre. But much depends on the price of oak at the time. Most of ours was being cut for white oak barrel staves (for craft distilleries).I would have guessed the price per acre would be higher on the oaks but maybe it's dependent upon density per acre of the trees??? We finally managed to get our pines cut on our farm and the loggers just wrapped about a month ago. We didnt get $2k/ acre but we definitely were mid $1's depending upon the stand they were in. Feels good getting those babies out of there!