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UK FOREST CARBON OFFSETS Market-based mechanisms
are emerging as one way of addressing the concerns of climate change.
Voluntary and compulsory forest carbon markets are evolving in the United
States for evaluating, registering, verifying and trading Exchange Forestry
Offsets (XFOs) so that US manufacturers and utilities can offset their
greenhouse gas emissions.
At present, the Chicago Climate Exchange (CCX) is the only carbon credit
market in North America and is currently trading emission offsets that can be
gained through verified net increases in forest carbon stocks. This is an
opportunity for UK growers since
European forest owners are prohibited from selling their XFOs on the European
Emissions Trading Scheme until at least 2013.
WSC is now the official UK affiliate of the US-based National Carbon Offsets
Coalition (NCOC) and is currently seeking UK afforestation projects, established
after December 1st 1990, to sell XFOs from UK forestry on the Chicago Climate
Exchange (CCX) trading market.
Only afforestation projects that have not received
Woodland Grant (WGS) scheme funding are eligible. CCX forest carbon offset credits are sold at
market prices. The current price is running at approximately at $4 per metric
ton of CO2 and is forecast to rise over the coming years.
To find out more about selling UK forest carbon offsets on the CCX, download
the following file;
Selling UK Forest Carbon Offsets on the CCX - 2007
If you would like to receive a project Application Form to sell your carbon
offsets, or would like further information, regarding our current Fee Structure then please contact us;
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