King County Selling Carbon Credits to Fund Forest Preservation
Two companies so far have purchased carbon credits through the newly public program in Washington State's King County.
King County, Washington "has been buying up forested land at risk of development and getting carbon credits for protecting it," according to an article by Eilis O'Neill. "Now, it’s started selling those carbon credits to companies that want to reduce their carbon footprints."
The money raised by the sale of those carbon credits is then used to buy more forestland.
"So far two companies, Microsoft and Kirkland-based Fishermen’s Finest, have bought carbon credits from the county," reports O'Neill.
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Published on Tuesday, July 9, 2019 in
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