Disney Preserve carbon study launched - Business First of Buffalo:

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The study is viewed as a vital step toware determining how to calculate carbon credits forany cap-and-trader program. The federal government woulc first set a limit on the volume of emissions that can be producex acrossthe U.S. in a given year and then granty tradablefederal permits, called “allowances,” to covered entities for each ton of CO2 The intention is to encouragee firms to discover cheap methods to cut emission whilw allowing those with no easy meanas to reduce pollution to buy permits. The systenm could allow landowners to sell carbon credits to companieas wishing to show they are making efforts to reducre theircarbon footprint.
This comesd on the heel of a passage of a climate change bill bythe U.S Houses Energy and Commerce Committee requirinf a 17 percent reduction in greenhouse emissioj 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 ecosystemm isstoring carbon, releasing carbon or doinb both under various environmental conditions,” said Ross UCF biologist and professor on the project, in a preparede statement.
“Then we can develop a reliable, quantifiablw model for calculating carbon storage in natural Disney Wilderness, located in southwesterjn Osceola County, was originally created in 1993 to mitigate wetlanda lost to development of . Wetlandzs cover about 2,550 acres and the site is home to 14 documentede and 12 unconfirmed protected species of birdsand other.