Page 22 - Georgia Forestry - Issue 4 - Fall 2024
P. 22
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THE RED RIVER PILOT PROJECT
is a forestry-based carbon capture project that spans across approximately 18,000 acres of land in Arkansas, Louisiana, Oklahoma and Texas with a mission to
use carbon credit earnings to support conservation practices and ecological benefits.
Navigating Challenges in Carbon and
Water Markets
Despite the opportunities in stacking resource incentives, both Smalligan and Thomas are quick to point out the chal- lenges. Carbon markets, while growing, are still relatively new and can be difficult for landowners to navigate. Many land- owners are unaware of how to maximize the value of their forests by entering into carbon credit agreements.
Thomas’s experience working with landowners on carbon credit projects highlights this gap.
“The first time I sat down with 10 owners of 2,200 acres that were generat- ing credits, they had no concept for this money,” he said. “They had an attorney sign them up for a carbon program years ago, but they didn’t understand the value of what they could do to improve the prop- erty or increase carbon density.”
For Thomas, this lack of understand- ing among landowners underscores the need for greater education and outreach to help them tap into the full potential
Similarly, Brian Thomas, partner at Texas-based Carbon Rho, is focused on stacking carbon credits with water quality benefits in his work along the Red River corridor spanning through Oklahoma, Texas, Arkansas and Louisiana.
“The additional benefits, like water quality or habitat improvement, can
attract corporate investment, especially when paired with carbon sequestration efforts,” said Thomas.
The Red River Pilot Project illustrates how improving water quality through forest management not only supports healthier ecosystems but also creates new revenue streams for landowners.
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