Carbon Sequestration
The compensation of tree farmers for the environmental services you provide is long overdue. The first major advance since conservation easements is payments for sequestering carbon, usually referred to as selling carbon credits. This is now possible in most regions of the United States. As with any new economic activity, existing contract and tax law applies until modified by legislation, the courts, and rulings of the IRS and state revenue agencies. The lack of definitive rules during the intervening years makes taxpayers uncomfortable...|continue|