Adding Predictability to the Carbon Market
Salt marshes are a hot but unpredictable commodity in the carbon market. Salt marshes store a vast amount of carbon, and industries and businesses are looking to this habitat to offset CO2 emissions by buying carbon credits, restoring marsh or conserving marsh. The problem lies in the fact that carbon accumulation rates for salt marshes vary wildly, making it challenging to put a consistent price per acre of salt marsh for a carbon offset amount.