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

Election May Give New Hope For Arizona Biomass

A major reshuffling of candidates for the Arizona Corporation Commission may bring new life to a derailed effort that would expand biomass utilization in the state to help facilitate much-needed forest thinning and restoration efforts. A state court judge recently threw multiple candidates off the ballot due to irregularities in signature-gathering, including an incumbent and the commission’s biggest biomass supporter…

Alaska Coal Firm Acquires Pellet Mill

Officials with Alaska-based Usibelli Mines, Inc. recently announced the company has acquired Superior Pellet Fuels of Fairbanks, which produces wood pellets and briquettes for local markets. New Usibelli…

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.