Washington Carbon Offset Developer ‘Steps Away’ From Project
A company that had been working with the Washington state Dept. of Natural Resources (DNR) to help develop a state program to sell carbon offsets as a way to generate forest revenues has stepped away from the project, citing the possibility to re-engage at a later date “when the path forward” for developing such a project is clearer, company officials said. Majority-owned by oil producer BP, Finite Carbon had been advising DNR officials since 2020. In April 2022, the company and DNR officials announced the program and an initial sale of 10,000 acres’ worth of carbon offsets. The carbon offset program, which remains under development, has been controversial from the start for timber industry officials in the state, who saw the 10,000 acres taken out of production.
Latest news
More Orders, More Workforce For Rottne
Rottne Industri AB, Smaland, Sweden, reports that an upswing in machinery sales that accelerated at the start of the year is steering the company to recruit new employees in several departments. “It was a gigantic challenge for us…
CoalSwitch Expands To Second Facility
Active Energy Group (AEG) has announced Ashland, Maine as the location for its second CoalSwitch production facility. AEG has partnered with Player Design, Inc. (PDI) to complete the facility which, at scale, could produce up to…
Find Us On Social
Subscribe to Our Newsletter
Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.
Subscribe/Renew
Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.