Redwood Forest Foundation
Usal Redwood Forest's Carbon Project
Among Largest in USA
RFFI is pleased to report that, after four years of hard work with our advisor Tom Tuchmann of US Forest Capital, we have successfully registered 3,166,372 tons of Usal Redwood Forest carbon with California's Climate Action Reserve (CAR). Our carbon project is one of the largest forest carbon sequestration projects in the country.
CAR registration is a significant step towards registering Usal's carbon project with the California Air Resources Board (ARB). As part of CAR's early action program, an independent third-party verified the carbon sequestered by Usal's sustainable forest management practices. The next step is a second independent verification that is required for submission of our project to the ARB. We should complete ARB registration of the Usal carbon project by late 2016.
With ARB approval, Usal's carbon will be registered as "compliance" credits that can then be used to offset carbon emissions generated by companies that are mandated to meet the requirements of California's landmark climate change policies.
Carbon registration is an essential step in RFFI's long-standing plan to develop revenue streams that do not rely exclusively on timber production. This revenue source will support RFFI's sustainable forest management by reducing the financial pressure to harvest trees to service our debt, allowing RFFI to improve forest health and address climate change.