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...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Offsets

Microsoft and Salesforce deliver latest carbon removal credit spree
Offsets

Microsoft and Salesforce deliver latest carbon removal credit spree

Companies ink range of new offset deals, spanning regenerative agriculture, biochar, and direct air capture projects

Amber Rolt
clock 15 January 2026 • 5 min read
Voluntary carbon credit market builds momentum, as focus shifts to 'higher-quality credits'
Offsets

Voluntary carbon credit market builds momentum, as focus shifts to 'higher-quality credits'

Vast majority of companies that are currently buying carbon credits expect to see volumes increase in the coming years, as confidence grows that Voluntary Carbon Market can complement corporate net zero strategies

James Murray
James Murray
clock 07 January 2026 • 6 min read
What's driving the shift towards higher integrity carbon credits - and can it continue?
Offsets

What's driving the shift towards higher integrity carbon credits - and can it continue?

BusinessGreen's latest Spotlight webinar explored how imminent reforms to the EU and UK Emissions Trading Scheme and the emergence of the UN-backed CORSIA scheme are re-shaping global carbon markets

Stuart Stone
Stuart Stone
clock 15 December 2025 • 11 min read