Money to grow on trees

An Oregon company is positioning itself for a potentially lucrative carbon offset market.

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The Van Eck Forest Foundation is positioning itself for a potentially lucrative space in the emerging carbon offset market.

The Oregon company hopes to someday grow forests not for timber, but instead for their value as carbon sinks in cap-and-trade programs predicted to be part of upcoming climate change legislation.

“There’s a sweet spot where a landowner can potentially balance your timber value with your carbon values,” Matt Fehrenbacher a forester with The Pacific Forest Trust told the Statesman-Journal. “As this market emerges, it’s becoming more of a reality. Landowners’ interest is very high right now.”

Read more at the Statesman-Journal.

{biztweet}Oregon timber Van Eck Forest Foundation Pacific Forest Trust cap-and-trade{/biztweet}


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