Oregon Carbon Dioxide Storage Lease (with Landowner)
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How to fill out Carbon Dioxide Storage Lease (with Landowner)?
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FAQ
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.
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.