US Forest Fires Threaten Carbon Offsets as Company-Linked Trees Burn
At least two forestry projects used by businesses including BP and Microsoft to compensate for their greenhouse gas emissions are burning in Oregon and Washington.
By Camilla Hodgson, Financial Times
August 4, 2021
Fires smolder and burn in the mountains west of Paisley, Oregon. Credit: Maranie Staab/Bloomberg via Getty Images
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Forests in the United States that generate the carbon offsets bought by companies including BP and Microsoft are on fire as summer blazes rage in North America.
Corporate net-zero emission pledges rely on such projects to compensate for the carbon dioxide generated by companies that are unable to make sufficient cuts to their actual emissions.
Wildfires Burn Through Forest Used To Offset Climate Crisis
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South Yaak Fire burning 4 miles northwest of Troy.
The following areas are now under pre-evacuation warning:
Yaak River Road Hwy 508, from the Highway 2 intersection to the Sylvanite Work Center.
Pine Creek Road 395, from the Yaak 508 intersection, north to Curly Horse Lane.
All of Seventeen Mile Road 471.
The Sheriff’s Office says residents should be making final preparation for the possible evacuation of these areas and deputies will start visiting each property in the pre-evacuation area to take resident information.
The South Yaak fire is burning 4,100 acres and is about 20 & contained.
The
Anderson Hill Fire that burned 750 acres in Granite and Powell counties one mile southeast of the Garnet Ghost Town is now 100% contained, according to the Montana Department of Natural Resources & Conservation. A final fire update from the DNRC says evacuation orders are being lifted after about 20 individuals were evacuated in Granite County. The Bureau of Land Management has