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News / Banking On Oregon Forests


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  • Oregon inks agreement with developers to enter entire state forest into carbon market

    Alex Baumhardt, Oregon Capital Chronicle|Nov 21, 2024

    Oregon is one step closer to using a state forest to help capture and store more planet-warming greenhouse gases, and to fight climate change and earn money through the carbon market. Leaders at the Department of State Lands signed a development agreement Thursday to enter all of the nearly 83,000-acre Elliott State Forest near Coos Bay into the voluntary carbon market for 40 years. The project will be managed by the carbon brokerage and development company Anew Climate, with offices in...

  • Carbon markets could offer middle road in divide over forests

    Alex Baumhardt, Oregon Capital Chronicle|Nov 14, 2024

    When the Astoria City Council got the results of a forest inventory in the Bear Creek Watershed about a decade ago, councilors learned the city was in possession of far more valuable trees, and timber, than they had realized. In light of the news, some members of the council in northwest Oregon wanted to boost timber harvests and revenue for city services and infrastructure. The 3,700-acres of forests that protect the city’s main drinking water source have been logged semi-regularly for decades,...

  • In spite of flaws, carbon markets put a price on climate pollution

    Alex Baumhardt, Oregon Capital Chronicle|Nov 7, 2024

    The extraordinary costs of climate change hit home for Cody Desautel during the 2015 wildfire season. Now the executive director of the Confederated Tribes of the Colville Indian Reservation, Desautel was a forester and a firefighter who had just completed taking a full inventory of the 922,000 acres of forest on the 1.4 million acre reservation in north-central Washington. About half of those forests – 450,000 acres – were nearly ready to be enrolled in California’s emissions trading progr...

  • Despite challenges, carbon markets see big potential in small landowners

    Alex Baumhardt, Oregon Capital Chronicle|Oct 31, 2024

    A small statue of St. Francis sits on a stump holding court in Julie and John Christensen’s forest in Corbett. The patron saint of animals and ecology is at home among the couple’s 70-acres of Douglas firs, cedars and hemlocks near the Columbia River. The Christensens moved to Corbett, a small, unincorporated town 30 miles outside of Portland, in 1984, intending to make it a communal home for themselves and friends they’d met through Julie’s work as a Catholic campus minister at Western Washing...

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