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The Oregon Department of State Lands signed an agreement Thursday with the company Anew Climate to put the first state forest in the West into a carbon market.
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The decision, which officials said would fight climate change, makes Oregon the second state after Michigan to dedicate an entire state forest to storing harmful emissions while selling carbon credits for revenue.
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New research says coastal wave breaks aren’t only good for surfers but also coincide with unique ecosystems that store carbon.
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The State Land Board will vote in October on a plan to put most of the forest into carbon storage and crediting.
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State and federal leaders have put millions into improving crops and soils so they absorb more carbon dioxide, but across the U.S. that would only cut 3% of agricultural emissions, researchers found.
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Tidal wetlands trap a lot of carbon dioxide. A recent survey maps those marine carbon sinks, also called “blue carbon” ecosystems, on the Southern Oregon coast.
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The Oregon Climate Action Commission approved $10 million in investments with the goal to reduce the state’s greenhouse gas emissions. The broader goal is to incentivize practices that capture and store carbon in the state’s natural and working lands.
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To help counter their greenhouse gas pollution, Microsoft and other companies invested millions in a project to store more carbon in Southern Oregon trees. The 2021 Bootleg Fire upended that plan.
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Northwest scientists say the region’s unique geology could help the planet. To keep heat-trapping gasses out of the atmosphere, researchers want to pump CO2 deep underground.