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
Vermont Announces Business Loan Program
Vermont Announces Business Loan ProgramA new loan program from the Vermont Economic Development Authority (VEDA) is now available to support businesses in the state’s forest economy. Three million dollars in total financing can be provided in the form of loans up to...
West Salem Unveils New Website
West Salem Unveils New WebsiteWest Salem Machinery (WSM) has announced the launch of its newly redesigned website, www.westsalem.com, aimed at modernizing the user interface and making valuable information more intuitive and accessible. The updated website reflects...
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.