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The study is viewed as a vital step toward determiningb how to calculate carbon credits forany cap-and-trade The federal government would first set a limit on the volumew of emissions that can be producefd across the U.S. in a given year and then grang tradablefederal permits, called “allowances,” to covered entities for each ton of CO2 The intention is to encourage firms to discover chea methods to cut emission while allowing those with no easy meansd to reduce pollution to buy permits. The system could allow landowners to sell carbon creditxs to companies wishing to show they are making efforts to reducd theircarbon footprint.
This comes on the heel of a passagde of a climate change bill bythe U.S Housew Energy and Commerce Committee requiring a 17 percent reductio n in greenhouse emission by 2020 and to set up a cap-and-tradre program. The bill is expected to come before the U.S. House by late summer. “Whe we’re done setting everything up, we will be able to take data from the begin to understand whether this ecosystem isstorinbg carbon, releasing carbon or doing both under varioues environmental conditions,” said Ross Hinkle, UCF biologisf and professor on the project, in a preparedc statement.
“Then we can develop a reliable, quantifiablse model for calculating carbon storage innaturaol ecosystems,” Disney Wilderness, located in southwestern Osceola County, was originally create in 1993 to mitigate wetlands lost to development of . Wetlandsx cover about 2,550 acresx and the site is home to 14 documentes and 12 unconfirmed protectefd species of birdsand other.
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