Michigan secures long-term offtake for first forestry VERs on state lands

Published 20:54 on August 25, 2021  /  Last updated at 22:46 on August 25, 2021  /  Americas, US, Voluntary Market  /  No Comments

The Michigan Department of Natural Resources (DNR) announced the first transaction of verified emissions reductions (VERs) from a forest project on US state-owned lands on Wednesday, with an energy company agreeing to purchase all of the voluntary carbon offsets generated over the initial decade.

The Michigan Department of Natural Resources (DNR) announced the first transaction of verified emissions reductions (VERs) from a forest project on US state-owned lands on Wednesday, with an energy company agreeing to purchase all of the voluntary carbon offsets generated over the initial decade.

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