University of Vermont

Carbon Markets for the Northern Forest

victoryproject

Victory Project

This project seeks to create and analyze a market-ready carbon offset project that can serve as a model for owners of degraded forests throughout the state, region, and nation. A case study describing the project, its successes, and challenges will aid landowners, foresters, policy makers, and state agencies in how they approach carbon offset projects.

Project Area

  • Located in Victory, in Vermont's Northeast Kingdom
  • 1,073 acres of hardwood and spruce-fir forests
  • Contiguous with Victory State Forest (14,340 acres), which abuts the Victory Basin Wildlife Management Area (4,970 acres)
  • Exploring options for both improved forest management and avoided deforestation

Funders & Collaborators

We are fortunate to have support from the Natural Resources Conservation Service Conservation Innovation Grant program. Conservation Collaboratives is the lead and the Carbon Dynamics Lab and Forest Carbon & Communities Research Group are co-PIs working on issues of marketing options and policy implications.

Results

Researchers from the Carbon Dynamics Lab have published a paper exploring the carbon market possibilities for rehabilitation forestry on this forest. Thirteen silvicultural scenarios were modeled over 100 years using the Forest Vegetation Simulator. Carbon offsets were quantified with the Climate Action Reserve (CAR) and American Carbon Registry (ACR) protocols and evaluated under voluntary and regulatory carbon price assumptions.

Russell-Roy, E. T., Keeton, W. S., Pontius, J. A., & Kerchner, C. D. (2014). Rehabilitation forestry and carbon market access on high-graded northern hardwood forests. Canadian Journal of Forest Research, 614-627.



 Check back soon for updates on our progress!

Last modified May 14 2014 05:35 PM

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