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newsrel -- Air Resources Board approves first cap-and-trade forestry compliance offset project in California

Posted: 09 Apr 2014 12:00:31
Please consider the following news release from the California
Air Resources Board: http://bit.ly/1ekZ0RM 



News Release 14-30

April 9, 2014

Stanley Young
(916) 322-2990

Air Resources Board approves first cap-and-trade forestry
compliance offset project in California

Project developed on 8,000 acres of Yurok Indian tribal land

Sacramento —The Air Resources Board today announced approval of
the first California forest carbon offset project under the
state’s cap-and-trade forestry offset protocol.

“This project will offer California companies additional
opportunities to find cost-effective ways of complying with the
cap-and-trade program,” said Air Resources Board Chairman Mary D.
Nichols. “It offers additional carbon reductions from a sector
not covered by the cap-and-trade regulation, while providing
financial resources to help the Yurok tribe restore its native
lands and protect its watershed and habitat.”

The Yurok Tribe Sustainable Forest Project covers about 8,000
acres of tribal land in Humboldt County. It was issued 836,619
offset credits under the Air Resources Board’s Forestry Offset
Protocol. Each credit represents 1 metric ton of carbon dioxide
sequestered by the trees in the project. Only carbon offset
credits issued by the Air Resources Board can be used for
compliance under California's cap-and-trade program. The issuance
of the carbon offset credits by the Air Resources Board follows
an extensive evaluation process including independent,
third-party verifications that the ARB-approved offset protocol
was strictly followed. 
Covered facilities may use carbon offsets to cover up to 8
percent of their compliance obligation. Carbon offsets also act
as a cost-control measure for covered facilities because offsets
generally cost less than allowances, which are issued by the

In addition, carbon offsets come from projects that provide
significant additional environmental benefits beyond the
reduction of greenhouse gases. These include, for example,
protection of the ozone layer, or supporting improved forest
management which upgrades water quality and habitat.

For carbon offset projects to be considered for Air Resources
Board offset credits, they must first be registered with an Air
Resources Board-approved carbon registry. Each project developer
must then provide a complete history of the project. That
documentation and the project site itself must be evaluated by
Air Resources Board trained, independent, third-party verifiers.
Air Resources Board staff then review each project as well. This
process provides the most rigorous and stringent verification
methodology in the world.

Air Resources Board compliance offset credits will be issued
within the Compliance Instrument Tracking System Service (CITSS),
the same system in which state-issued allowances reside. Once the
determination to issue credits is made by ARB, it can take up to
15 days for the credits to be placed in the holder's account in
CITSS. Compliance offset credits for this project were issued
April 8, 2014.

For more details on this project go to: 
For details on California’s carbon offset protocols go to: 
A video about California’s forestry offsets protocol featuring
on-site verification of the Yurok tribe’s project is at

California is in a drought emergency.
Visit www.SaveOurH2O.org for water conservation tips.

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