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State Lawmakers break down wide variety of bills in busy Crossover Day

State Lawmakers break down wide variety of bills in busy Crossover Day
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Carbon offset agreement restrictions near WV Senate passage | Legislative Session

Bills that would regulate and restrict carbon offset agreements, Senate Bill 618 and Senate Bill 822, are nearing passage in the West Virginia Senate. SB 618 would establish a Forest Management Exchange Program the state Division of Forestry estimates would cost $3.5 million to set up, plus another $500,000 per year to contract for operational support. ....

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WV Senate bill 618 would ban private carbon credits | Legislative Session

Under Senate Bill 618, approved by the West Virginia Senate Economic Development Committee on Feb. 19, 2024, only state carbon credits from real property or standing timber would be eligible for purchase, prompting criticism it s anti-property rights legislation. Senate Bill 618 is the latest in a string of attempts in the state Legislature to regulate forest carbon offset agreements. ....

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