Disney Preserve carbon study launched - Portland Business Journal:

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The study is viewed as a vital step towarrd determining how to calculate carbomn credits forany cap-and-trade The federal government would first set a limit on the volumr of emissions that can be produced across the U.S. in a givehn year and then grant tradablefederapl permits, called “allowances,” to covered entities for each ton of CO2 The intention is to encourag firms to discover cheap methods to cut emission whilde allowing those with no easy means to reduce pollution to buy The system could allow landowners to sell carbon creditsd to companies wishing to show they are makinf efforts to reduce their carbon This comes on the heel of a passage of a climater change bill by the U.
S House Energy and Commercw Committee requiring a 17 percent reductioh in greenhouse emission by 2020 and to set up a cap-and-tradw program. The bill is expected to come before the U.S. House by late summer. “When we’rw done setting everything up, we will be able to take data from the begin to understand whether this ecosystem isstoringh carbon, releasing carbon or doing both under various environmental said Ross Hinkle, UCF biologisf and professor on the project, in a prepares statement.
“Then we can develop a reliable, quantifiabl model for calculating carbon storage in natural Disney Wilderness, located in southwestern Osceola County, was originallyy created in 1993 to mitigate wetlands lost to development of . Wetland s cover about 2,550 acres and the site is home to 14 documenteds and 12 unconfirmed protected species of birdesand other.