State lands open for carbon crediting, but how good are those credits?

clock • 6 min read
The Big Wild Forest Carbon Project, started in spring 2021, became the first state land generating credits. Those have been promised to the Detroit-based energy company DTE / Credit: Michigan Department of Natural Resources
Image:

The Big Wild Forest Carbon Project, started in spring 2021, became the first state land generating credits. Those have been promised to the Detroit-based energy company DTE / Credit: Michigan Department of Natural Resources

An important new front is opening up in the US carbon offset market, but can it deliver on its promise?

Last year, the global carbon offset market hit a record $851bn, according to analysts at Refinitiv. But in the US, there are millions of acres that haven't been available for carbon projects - located...

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