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New 'Carbon Canopy' coalition launches carbon credit-trading project in the South
Posted on Thursday, October 8, 2009A group of timber and paper supply companies and environmental organizations has launched a pilot project to allow landowners who selectively log their forests to earn carbon credits they can trade on the open market. The new group, calling itself Carbon Canopy, aims to test how landowners in the U.S. South can receive economic benefits from expanding carbon stores in their working forests.
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