Can Carbon Sequestration be Leased?
by Avril David If you plant trees to earn carbon credits under the Kyoto Protocol, you’ll earn temporary Certified Emission Reduction (tCER) certificates, which expire after a few years to reflect the perceived fragility of carbon captured in plants. They’ve proven unpopular with buyers, and sell for a fraction of the price of normal CERs. The United States, however, may use five-year term offsets for domestic land-use offsets under its cap-and-trade scheme, and sellers say lower prices are fine with them. Here’s why.
