Jeff Kart writes in Forbes about the nation’s first carbon offset program on state forest land.
- Michigan’s largest energy provider, DTE, and the Michigan Department of Natural Resources have reached a 10 year agreement in which DTE will buy all of the carbon credits generated from the Pigeon River Country State Forest.
- The revenue from the purchase of the offsets, which is an estimated $10 million, will go to Michigan’s Forest Development and Fish and Games fund and will pay for conservation and wildlife habitat improvement projects.
- While carbon offsets can be complicated and have their set of pitfalls, this collaboration highlights the importance of nature in addressing climate change.
Read the full article here.