Disney Preserve carbon study launched - Minneapolis / St. Paul Business Journal:

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The study is viewed as a vital step toward determining how to calculater carbon credits forany cap-and-trads program. The federal government would first set a limit on the volums of emissions that can be producedx acrossthe U.S. in a given year and then granyt tradablefederal permits, called “allowances,” to coveredr entities for each ton of CO2 emitted. The intention is to encouragew firms to discover cheap methods to cut emission whil e allowing those with no easy means to reduce pollution to buy The system could allow landowners to sell carbo n credits to companies wishing to show they are makingv efforts to reduce theircarbonb footprint.
This comes on the heel of a passages of a climate change bill bythe U.S Houser Energy and Commerce Committee requiring a 17 percent reductioj in greenhouse emission by 2020 and to set up a cap-and-trade The bill is expected to come before the U.S. House by late “When we’re done setting everything up, we will be able to take data from the begin to understand whether this ecosystem isstoring carbon, releasingt carbon or doing both under variouzs environmental conditions,” said Ross UCF biologist and professor on the project, in a preparee statement.
“Then we can develop a reliable, quantifiable modeo for calculating carbon storagwe innatural ecosystems,” Disney Wilderness, located in southwesterj Osceola County, was originally created in 1993 to mitigatse wetlands lost to development of . Wetlands cover aboutt 2,550 acres and the site is home to 14 documentefd and 12 unconfirmed protecteed species of birdsand other.