California cap-and-trade law spurs U.S. forest carbon projects

16 February 2012

Now that California's carbon market has arrived, an Australian-based company that specializes in forest carbon offsets has jump started two forest projects with private landowners in the western U.S. The new company, Forest Carbon Partners, will make the projects available as carbon offsets for California polluters.

"As the California carbon market comes online, New Forests believes that forest carbon projects will become a critical source of offset supply. Forest Carbon Partners brings together a sophisticated understanding of both forestry and carbon markets to meet the demand for high-quality carbon credits that ensure important co-benefits for family forest landowners and the environment," says managing director, David Brand, in a press release. Forest Carbon Partners is a subsidiary of New Forests Inc., headquartered in Sydney