Daily Independent (Ashland, KY)

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Carbon credits

Frank Olson, a landowner in Elliott County, stood among a stand of hemlock on his property in Elliottville, Ky., on Tuesday, March 24, 2009. MACED, the Mountain Association for Community Economic Development, is hoping to help some Eastern Kentucky forest owners to make some money off of carbon regulation. Landowners get a plan to manage their forests sustainably, then MACED sells their carbon credits on the Chicago Climate Exchange. This hasn t happened yet, but there are a group of landowners who are certified and ready to go when the price it right. MACED likes the idea because it will pay people to take care of their woods over the long term, instead of just logging it today for the cash.

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