Connecticut Lakes Headwaters Working Forest

The issue of carbon credits came to the forefront in the state when the owner of the Connecticut Lakes Headwaters Working Forest revealed it would reduce its timber harvest on the 146,400-acre tract by more than half in favor of carbon sequestration.(COURTESY PHOTO)

COOS COUNTY — A new bill signed into law by Gov. Chris Sununu last week will address two concerns raised about forest carbon credit programs.

House Bill 1697 requires the N.H. Department of Revenue Administration to undertake an immediate study on the impact of such carbon credits on timber tax revenues. The bill also calls on the N.H. Division of Forest and Lands to establish and maintain a public registry of all forest lands in the state that are enrolled in a carbon credit program.

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