The following article appeared in the December 22 electronic newsletter from the Society of American Foresters. It originally appeared on the Central New York web site. It appears as though carbon trading may have the potential to green up our cities.
December 19 – According to CNYlink.com (Central New York), the city of Syracuse is considering proposed legislation that would authorize it to enter into an agreement with Forecon, Inc., a forestry and natural resources company, to study the possibility of trading credits in exchange for lowering carbon emissions. A proposal currently before the city council recommends the city look into the possibility of trading carbon credits on the Chicago Climate Exchange. According to the website, at the heart of the proposal for removing carbon is a 216-acre, city-owned parcel of land made up of second-growth forest.
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For a related article go to: http://memphis.bizjournals.com/memphis/stories/2008/12/22/story1.html?b=1229922000%5E1750035