California Cap and Trade Program May Incentivize Forest Clearcutting
San Francisco Bay Area
19 Dec 2010 07:37 GMT
Under rules adopted this week by the California Air Resources Board, timber firms could earn tens of millions of dollars through the sale of carbon credits. Despite opposition to a provision that would make clearcutting eligible to receive offset credits, the Board passed a plan that critics say was unduly influenced by logging industry lobbyists.
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