My family still owns 80 acres of our great-grandfather's homestead farm in east Texas. Last year we started the process of selling the carbon credits from that heavily wooded acreage.
Texas has been progressive in rolling out carbon programs that have been working in other states. (Yes, I used "Texas" and "progressive" in the same sentence.) Under the TX program we would receive payments in return for maintaining at least a certain number of trees per acre. We could harvest the excess during the contract, and at the end of the we'd no longer be bound (e.g., we could harvest, or sell more CO2 credits).
If this is something that interests you, this webinar might be worth watching:
http://www.forestrywebinar.net/webinars/carbon-trading-101
April 30, 2009 at 9:00 AM Pacific Time.
Sponsored by the Texas Forestry Assn.
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