Maine Carbon Dioxide Storage Lease (with Landowner)

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Multi-State
Control #:
US-OG-952
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This form is a carbon dioxide storage lease with landowner.
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FAQ

A carbon credit represents a reduction of 1 metric ton in greenhouse gas emissions to compensate for emissions made somewhere else. A credit can be bought, sold or traded before it is ?retired,? meaning it cannot be traded again, assuring that only the buyer can claim emissions cuts associated with that credit.

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.

About 15 trees offset the carbon dioxide from consuming a 2,000-calorie diet. How many trees does it take to offset your fossil fuel consumption? About 730 trees offset the average carbon dioxide released for each person's fossil fuel usage.

Forest carbon credits are a way for landowners to earn money by sequestering carbon in their forests. Landowners who implement sustainable forest management practices can earn credits for the carbon sequestered in their forests.

Not all emissions reductions cost the same; some are pricier than others. The average cost of forest carbon ranges from $30- 50/tCO2.

The largest proportion of carbon in the average U.S. forest is found in the soil, which contains 59 percent of the carbon in the forest ecosystem, or approximately 93 thousand pounds per acre (10.4 kg/m2).

Most calculations show carbon capture per hectare. One hectare can vary from 500 to 1500 trees. In other calculations we found that 15 to 83 trees are needed to capture 1 tonne CO2 in average per year, from seedling till an adult adult tree.

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.

On average, 100 acres of forested lands removes 115 tons of carbon dioxide each year.

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Maine Carbon Dioxide Storage Lease (with Landowner)