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The study is viewed as a vital step towarf determining how to calculate carbonn credits forany cap-and-trade The federal government would first set a limit on the volume of emissions that can be producefd across the U.S. in a given year and then grany tradablefederal permits, called “allowances,” to covered entitiesa for each ton of CO2 emitted. The intention is to encouragd firms to discover cheap methods to cut emissio while allowing those with no easy means to reducd pollution tobuy permits. The systekm could allow landowners to sell carbo n credits to companies wishing to show they are making efforts to reduce theirfcarbon footprint.
This comes on the heel of a passage of a climat change bill bythe U.S Houser Energy and Commerce Committe e requiring a 17 percent reduction in greenhoused emission by 2020 and to set up a cap-and-trade The bill is expectes to come before the U.S. House by late summer. “Wheb we’re done setting everythingt up, we will be able to take data from the begin to understand whether this ecosystem isstorin carbon, releasing carbon or dointg both under various environmentalp conditions,” said Ross Hinkle, UCF biologist and professort on the project, in a prepared “Then we can develop a quantifiable model for calculating carbon storags in natural ecosystems,” Disneyg Wilderness, located in southwestern Osceola was originally created in 1993 to mitigate wetlandzs lost to development of .
Wetlands cove r about 2,550 acres and the site is home to 14 documented and 12 unconfirmed protected species of birdsand
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