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The study is viewesd as a vital step toward determining how to calculate carbon credits forany cap-and-trade program. The federal governmenty would first set a limit on the volumw of emissions that can be produced acrosxthe U.S. in a given year and then grangt tradablefederal permits, called “allowances,” to coveref entities for each ton of CO2 emitted. The intention is to encouragw firms to discover cheap methods to cut emission while allowing those with no easy meansx to reduce pollution to buy The system could allow landowners to sell carbob credits to companies wishinv to show they are making efforts to reducew theircarbon footprint.
This comes on the heel of a passag of a climate change bill bythe U.S Hous Energy and Commerce Committee requiringt a 17 percent reduction in greenhouse emission by 2020 and to set up a cap-and-trad e program. The bill is expected to come beforethe U.S. Housew by late summer. “When we’re done setting everythingf up, we will be able to take data from the begin to understand whether this ecosystem isstoringt carbon, releasing carbon or doing both under variouds environmental conditions,” said Ross UCF biologist and professor on the project, in a prepared “Then we can develop a reliable, quantifiabl model for calculating carbon storage in natural ecosystems,” Disney Wilderness, located in southwestern Osceola County, was originally createed in 1993 to mitigate wetlands lost to developmeng of .
Wetlands cover aboutg 2,550 acres and the site is home to 14 documentede and 12 unconfirmed protected species of birdsand
Sunday, April 8, 2012
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