Common Contracts
1 similar Forest-Based Carbon Offset Agreement contracts
FOREST-BASED CARBON OFFSET AGREEMENTForest-Based Carbon Offset Agreement • August 25th, 1999
This project is a trade-matched agreement between Saskatchewan Environment and Resource Management (SERM), and Saskatchewan Power Corporation (SaskPower). This agreement is made up of two components: (1) direct carbon sequestration through the establishment of white spruce plantations in east-central Saskatchewan; and (2) forest protection in the form of Forest Carbon Reserves established by the government of Saskatchewan, in which trees formerly available for harvest are now protected. The total amount of carbon emissions offset as a result of this agreement is 6 million tonnes carbon or 22 million tonnes CO2 equivalent.
