Carbon credits in jeopardy without cap-and-trade bill

The carbon credit industry took a jolt as a national offset program faltered and uncertainty mounted over climate legislation. The North Dakota Farmers Union has stopped paying farmers to reduce greenhouse gases and will soon end further enrollment.

The carbon credit industry took a jolt as a national offset program faltered and uncertainty mounted over climate legislation.

The North Dakota Farmers Union has stopped paying farmers to reduce greenhouse gases and will soon end further enrollment. Approximately 3,900 farmers and ranchers, spread out over 40 states, have received about $7.4 million since the program began in 2006.

There are about 12 other carbon credit programs in the U.S.

For more, please see James MacPherson’s, Associated Press article.

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