By Dan Kraker
Programs that pay landowners to keep carbon sequestered in forests are beginning to spread, now that California has a cap and trade system designed to reduce greenhouse gas emissions. Some say Minnesota should be a bigger player in the carbon offset market.
Money may not grow on trees — but the carbon that trees store could be worth millions, as consumers, companies and governments ramp up efforts to fight climate change.
Earlier this week, a group of land managers and scientists from around Minnesota came together in Duluth to start a conversation about how the state can join in the growing marketplace that pays to keep carbon sequestered in forests.
Minnesota’s climate change-fighting efforts so far have focused largely on reducing greenhouse gas emissions by moving away from coal power and towards cleaner energy like wind and solar.
But there’s been a lot less focus on the other side of the carbon equation: What to do with those greenhouse gases that continue to be emitted into the atmosphere, the heat-trapping culprits that cause global warming?
California is one of the few states that has taken the lead on incentivizing practices that lead to carbon sequestration, and established an official statewide cap and trade system in 2013. Dozens of forestry projects around the country are part of the program, including many on tribal lands.
But none of the carbon sequestration projects that are involved in California’s marketplace are based in Minnesota — at least, not yet. The Leech Lake Band of Ojibwe is exploring the possibility of creating a forest carbon offset program on 14,000 acres of its reservation in northern Minnesota, and the Fond du Lac Band of Lake Superior Chippewa is exploring a 9,000-acre program on its land near Cloquet.
The idea is that polluters in California or elsewhere could then purchase offsets from those programs, as a way to counterbalance their own greenhouse gas emissions.
In Minnesota, land managers and forestry experts are looking for ways to encourage landowners to manage their forests in such a way that sucks more carbon out of the atmosphere.