Georgia Carbon Dioxide Storage Lease (with Landowner)
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FAQ
Maintaining trees and forests on the landscape is a powerful way to sequester carbon over the long term. Carbon markets could help; these trading systems enable landowners to sell carbon credits to individuals and corporations seeking to enhance the conservation of forests and their associated carbon benefits.
On average, 100 acres of forested lands removes 115 tons of carbon dioxide each year.
Farmers can sell carbon credits through carbon credits programs or directly to individuals or companies in a carbon credit exchange, that want to create a pool of the credits for reselling.
Landowners would enter a contract with a carbon developer and then adhere to the practices of the contract on their land. If the landowner follows through with those practices, then they receive monetary compensation based on the contract.
An acre of land used for carbon sequestration or other methodologies for reducing a carbon footprint generally removes 0.2 to 1.5 metric tons of carbon annually. Given that these CO2 reductions are worth $15 to $20 per metric ton, whoever owns that acre of land can expect payments of $3 to $30 per year per acre.
Once you've generated carbon credits through offset projects, it's time to sell them. There are several options for selling carbon credits, including compliance carbon markets, voluntary carbon markets, and carbon exchanges.
One acre of forest can absorb 4.5 to 40.7 tons of carbon dioxide and produce four tons of oxygen. The capture is enough to offset the annual carbon emissions produced by driving your car 26,000 miles.
A landowner who provides land for carbon credits agrees to certain practices. These practices include not cutting down trees that store carbon, and using regenerative agriculture to increase carbon storage. Landowners can sell carbon offsets on what are called voluntary carbon markets.