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Conway Council approves agreement to pursue forest carbon credits on city land
Summary
The Conway City Council voted unanimously to authorize the mayor to execute an agreement with Native State to evaluate and develop forest carbon projects on city-owned land around the lake, a plan proponents said could generate long-term carbon-credit revenue while protecting watershed and habitat.
The Conway City Council on Oct. 14 approved an agreement allowing Native State, a Conway-based forest carbon developer, to analyze city-owned land around the lake for potential carbon-credit projects and, if terms are acceptable, to enter a long-term enrollment agreement.
Proponents told the council the project could include existing forest management and afforestation of open pasture ground. "We develop carbon credits from trees and, by enrolling landowners, building projects, and we sell those to Fortune 500 companies all over the world," Andy Cameron with Native State said during the meeting. He said initial field estimates suggest "there may be 150…
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