Why states see forest offsets as a revenue opportunity

State officials on both sides of the political aisle are considering
creating carbon offset programs to monetize their state lands. These
initiatives give states a new revenue source by charging companies to
protect state forests, in exchange for carbon offsets needed to reach
their corporate net-zero commitments. But environmentalists have
concerns about whether these programs are actually effective and state
legislatures aren’t always on board. POLITICO’s Jordan Wolman breaks
down how states are balancing environmental concerns, industry interests
and the need to generate revenue. Plus, President Joe Biden says he will
veto a House solar tariff resolution if it reaches his desk.

Jordan Wolman is a sustainability reporter for POLITICO. 

Josh Siegel is an energy reporter for POLITICO. 

Nirmal Mulaikal is a POLITICO audio host-producer.

Brook Hayes edited this POLITICO energy podcast.

Jenny Ament is the executive producer of POLITICO’s audio department.

State officials on both sides of the political aisle are considering creating carbon offset programs to monetize their state lands. These initiatives give states a new revenue source by charging companies to protect state forests, in exchange for carbon offsets needed to reach their corporate net-zero commitments. But environmentalists have concerns about whether these programs are actually effective and state legislatures aren’t always on board. POLITICO’s Jordan Wolman breaks down how states are balancing environmental concerns, industry interests and the need to generate revenue. Plus, President Joe Biden says he will veto a House solar tariff resolution if it reaches his desk.

Jordan Wolman is a sustainability reporter for POLITICO. 

Josh Siegel is an energy reporter for POLITICO. 

Nirmal Mulaikal is a POLITICO audio host-producer.

Brook Hayes edited this POLITICO energy podcast.

Jenny Ament is the executive producer of POLITICO’s audio department.