On March 19, 2007, the Mountain Association for Community Economic Development (MACED) became the first organization in Kentucky officially certified by the Chicago Climate Exchange (CCX) as an Aggregator of Exchange Forest Offset credits.
MACED works collaboratively with private, non-industrial forest landowners in eastern Kentucky interested in using their forest properties to store carbon dioxide which MACED will then sell on the landowners’ behalf as carbon credits. Similar to other commodities, carbon credits have tangible, monetary value and are purchased by corporations universities, and municipal governments located throughout the United States.
By providing landowners access to the carbon credit market and a potentially new source of revenue, MACED’s goal is to incentivize them to adopt management methods needed to practice sustainable, long-term forest management.
Landowners interested in learning more about MACED’s program are invited to call toll free 1-888-677-2373.
Check back soon for more information on the launch of this program.