West Virginia 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
Several carbon offset programs have been made available to West Virginia (WV) forest landowners that allow them to manage their forests to mitigate climate change while providing an opportunity to earn extra income through carbon credits.
A single mature tree will sequester about 48 pounds (0.006 metric tons) of carbon dioxide per year and store 100 pounds (0.045 metric tons) over its lifetime.
Carbon credits can be purchased from a variety of sources, including online carbon marketplaces, brokers, and retailers. LandGate is an online platform that specializes in providing carbon offset solutions for businesses and individuals by connecting them with landowners who manage sustainable land-use projects.
Each CER is awarded for each tonne of GHG that a project reduces, avoids, or removes. These carbon credits, measured in Mt of CO2e, are issued by UNFCCC. Anyone can buy these carbon credits on this platform to offset their emissions. Or they can do so just to support or finance the carbon reduction or removal projects.