The Biden administration said Tuesday it will spend $150 million to help owners of small parcels of forestland partner with companies willing to pay them for carbon offsets and other environmental credits.
Agriculture Secretary Tom Vilsack announced the grant program at a conference of Black landowners in coastal Georgia, saying programs that allow private companies to offset their own emissions by paying to protect trees have disproportionately benefited owners of large acreage.
“In order for those small, privately held forest owners to be able to do what they need and want to do requires a bit of technical help,” Vilsack told about 150 conference attendees in a church ballroom in Brunswick. “And sometimes that technical help is not easy to find. And it’s certainly not easy to afford.”
Read this story now for free
To continue reading, sign up for our newsletter and get unlimited access to WABE.org
You can select your preferences for news and local content. We will never share your email address. Learn how your newsletter sign-up will support WABE and Public Media
