hillsborough county’s carboon offset project · 2019-12-03 · phase iii: pilot program execution...
TRANSCRIPT
Hillsborough County’s
Carbon Offset Project
Co2-forestry.com
Carbon Offset Project
Phase I: Countywide Land Inventory & Carbon Credit Feasibility Study (Complete)
Can ELAPP lands be used to generate carbon projects?
What kind of carbon projects would be possible on County Land?
What would a possible carbon project look like from a legal, cost, and revenue perspective?
What are next steps?
Phase II: Lower Green Swamp Feasibility Study & Business Plan (Complete)
What would an Improved Forest Management Project (IFM) look like at Lower Green Swamp Preserve (LGSP) from a legal, cost, and revenue perspective?
How would the LGSP IMF Project look from a management perspective?
Would the Board of County Commissioners (BOCC) approve the project?
Phase III: Pilot Program Execution (In Progress)
Buyer secured and contracts in place.
Project validation complete (more than 75 sample plots established and sampled, formal carbon inventory in progress nearly complete)
Third party verification and initial credit payment is issued
Phase IV: Pilot Program Management & Expansion
Management practices to maintain project area to sequester carbon
Continue to develop new projects based on the current model developed
Improved Forest Management, Reforestation, and Avoided Conversion
Phase I: Feasibility Study
Assess all preserved lands
to see if a carbon offset
project is possible.
Lower Green Swamp Nature
Preserve was selected
because of its size,
ownership, and habitat
structure.
Phase II: Feasibility Study
& Business Plan Project Boundary Cleary Defined
Project Type Determined (Improved Forest Management)
Registry Identified (American Carbon Registry)
Market Identified (Voluntary Market)
Initial Forestry Cruise Completed of Initial Sample Sites
Credits Estimated (162,000 ERTs)
Secured Credit Buyer for 10 Year Term
Secured BOCC Approval in 2017
Forester performing initial forestry cruise to develop preliminary carbon
stock estimate
Phase III: Pilot Program
Execution Project Further Defined
Project Sampling Design Completed
All Plots Sampled
Initial Credit Estimate Verified
Third Party Verification – complete
Pending Verification Credit Issuance and Payments (December
2019)
Foresters sampling permanent plots to refine preliminary
carbon stock estimate
Project Benefits
Demonstrates that natural areas can bring in
revenue just for being natural ($1,158,300 in
total)
Funds are being used to expand staff and restore
native habitat.
Adds another layer of protection to the preserve
(40 year commitment)
Helps outline Best Management Practices for
sustainable forests
Allows the County to assess other preserves for
possible carbon offsets projects.
QUESTIONS?
Ross Dickerson
Environmental Lands Manager
Conservation and Environmental Lands Management
(813) 672-7876