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Types Of Land Needed
What
Types of Lands Are We Looking For?
1990
is a target year for Kyoto Protocol rules. Following
the
latest Conference of Parties (COP) meeting in Morocco,
virtually all the world except the United States adopted
this target.
It's used for emission caps and land use changes. If the
United States does come up with something similar to
Kyoto,
it may change the target year for land use but with the
entire COP world using 1990 it's unlikely we will be
different.
So to avoid any concerns on land eligibility, it needs
to have been cleared for agricultural purposes prior
to
1990.
There
are always exceptions. Land cleared for cropland and then
reforested prior to 1990 may still qualify but probably
not at 100 percent of potential carbon capture, and therefore
not at 100 percent of the typical payment to the farmer
or landowner. Lands cleared after 1990 may qualify depending
on current land use activities; but again, probably not
at 100 percent. All this comes into play when marketing
to brokerage houses or large clients. They will probably
want only prime lands rather than have a few questionable
acres taint their whole purchase.
The
rules are still up in the air and not just nationally but
globally as well - and this may not be a bad thing. Federal
and state rules come, go and change over the years and almost
always those in early benefit from the grandfather effect.
In other words, things that will not be allowed later will
be given the benefit of the doubt early in a program.
Other
types of land to consider are lands currently used for cottonwood,
rice and catfish. Cottonwood land being converted to bottomland
hardwoods should count at 100 percent. This is because it
counts both as reforestation and as improved forest management.
Rice farms converting to bottomland hardwoods count for
more because of the elimination of methane production. Rice
farming produces methane. The Environmental Protection Agency
recognizes that methane is 21 times more potent than carbon
dioxide as a contributor to greenhouse gases. This means
that for every pound of methane not produced (when you stopped
rice production) you can claim an offset of 21 pounds of
carbon dioxide. This offset can be counted for as long as
you don't produce rice. Rice farming produces methane at
the rate of 0.5g/square meter/day. This works out to over
10 tons of carbon dioxide/acre/year.
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© Copyright 2008 The
Carbon Fund
P.O. Box 100, Stoneville, MS 38776 / FAX: 662.686.4780 Toll-Free: 1.TON.OF.CARBON
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