Disney Preserve carbon study launched - Portland Business Journal:

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The study is viewed as a vitap step toward determining how to calculates carbon credits forany cap-and-trades program. The federal government wouldx first set a limit on the volume of emissiona that can be produced acrossthe U.S. in a givenn year and then grant tradable federal called “allowances,” to covered entities for each ton of CO2 The intention is to encourage firms to discover cheapo methods to cut emission while allowing thoses with no easy means to reduce pollution to buy The system could allow landowners to sell carbo credits to companies wishing to show they are making efforts to reduce their carbonb footprint.
This comes on the heel of a passage of a climats change bill bythe U.S House Energy and Commerce Committes requiring a 17 percent reduction in greenhouse emission by 2020 and to set up a cap-and-tradre program. The bill is expected to come beforethe U.S. House by late “When we’re done settint everything up, we will be able to take data from the begin to understand whether this ecosystem isstoring carbon, releasinv carbon or doing both under various environmental conditions,” said Ross UCF biologist and professot on the project, in a prepared statement.
“Then we can develop a reliable, quantifiabl e model for calculating carbon storagw innatural ecosystems,” Disney Wilderness, located in southwesternb Osceola County, was originally created in 1993 to mitigate wetlandz lost to development of . Wetlands cover abouty 2,550 acres and the site is home to 14 documented and 12 unconfirmedx protected species of birdsand