Originally appeared February 3, 2021 in the Indiana Environmental Reporter
A bill backed by farmers and environmentalists establishing the stateâs first carbon market has passed its first hurdle toward becoming a law.
Senate Bill 373, authored by three Republicans, establishes carbon market registration program that facilitates carbon market trading in the state and allows the President Benjamin Harrison Conservation Trust Fund to take part.
Carbon markets work by allowing companies to offset the amount of greenhouse gases they emit by purchasing carbon credits worth a certain amount of carbon dioxide emissions.
Farmers, ranchers and foresters can generate carbon credits to trade by using environmentally sustainable farming practices that will retain a verified amount of greenhouse gases.
Indiana Carbon Market Bill Passes First Hurdle in State Senate A bill backed by farmers and environmental groups that establishes a voluntary carbon market in the state unanimously passes the Senate Natural Resources Committee. Enrique Saenz February 3, 2021
A bill backed by farmers and environmentalists establishing the state’s first carbon market has passed its first hurdle toward becoming a law.
Senate Bill 373, authored by three Republicans, establishes carbon market registration program that facilitates carbon market trading in the state and allows the President Benjamin Harrison Conservation Trust Fund to take part.
Carbon markets work by allowing companies to offset the amount of greenhouse gases they emit by purchasing carbon credits worth a certain amount of carbon dioxide emissions.