News Desk

Acadian Bets Big on Carbon Credits

In 2021, Acadian Timber Corp. executed its first carbon development and marketing agreement to develop voluntary carbon credits. With around 2.4 million acres of land under its management across the Northeastern United States and Eastern Canada, Acadia expects to earn approximately 84 percent of gross revenues from the sale of the carbon credits. “Pricing and the successful marketing credits will ultimately determine the impact to our financial results,” said the company’s president and CEO. The first round of the project has been completed and submitted for third-party verification for auditing and is expected to be registered on the American Carbon Registry in the fourth quarter of 2022. This inaugural execution requires long-term planning and maintenance of the existing sustainable forestry certification. Carbon credit development aligns with Acadian’s commitment to maximize cash flows from timberland assets through sustainable forest management practices. Read more HERE.

RELATED ARTICLES

The Land Report Default Featured Image
News Desk

Alabama Landowner Battles Fish & Wildlife

In February 2020, US Fish & Wildlife Service …

Farmland

800,000+ Acres Added to Conservation Reserve Program

The current enrollment was one of the most …

Print & Gift
Subscriptions Available
Please sign me up to receive breaking news and updates from The Land Report: