Property taxes for forest lands are based on the value of the land in its current use, rather than market value, resulting in tax savings for the landowner of forest.
An incentive program that annually pays enrolled landowners $7 per acre of forested land to offset property taxes.
An income tax credit for 40 percent of the value of donated land or conservation easements.
A state income tax credit for the donation of conservation easements to a government entity or a 501(c)(3) charitable organization in perpetuity.
New Jersey’s Renewable Portfolio Standard requires a sustainability determination to qualify biomass among the technologies that will support the generation of renewable energy credits.
Oregon permits the state forester to develop contracts with non-federal forest landowners to market, register, transfer or sell forest carbon offsets as a stewardship incentive.
Includes a Forest Compliance Offset Protocol, which provides standards for qualifying and calculating offset credits for reforestation and forest improvement projects as well as programs to establish conservation easements.
A carbon cap-and-trade program amongst Northeastern states, has established offset credits Afforestation and Forestry.
Voluntary federal program in partnership with states that encourages and supports conservation easements and the acquisition of partial interests in privately owned forestlands.
Argues that current laws will need to be revised and expanded to better recognize the climate change benefits that could be achieved from placing land under conservation easements.