News Summary for 7/16-7/30

Projects

- USDA Forest Service launches CC resource center website –info/tools under 1 roof for land mngrs to understand, plan & mng for CC, esp in W. Set of video presentations avail.

News

- All things Mitigation – Ecosystem Marketplace’s Mitigation Mail (7/24)
---CA local gov decided to create miti bank for ~newly listed tiger salamander, backs off when considers legal liability + need to come up with $$ to pay for hab cons plan. Impacters left to figure out HCP and miti ratios (? – hard to understand article) &title=Group_aims_to_revive_salamander_strategy
---Proposed port expansion in Portland OR gets new NIMBY argument: forget the development, make a mitigation bank (if can’t get outright protection)
---Pub empoyees for env respons (PEER) slams ME DOT’s proposal for st-wide umbrella miti bank. Criticisms: WL miti doesn’t work, they didn’t give a location for the bank, PEER wants w/in watershed/onsite miti, ME DOT isn’t qualified to restore WL.
---New 266-ac vernal pool fairy shrimp cons bank proposed in southern OR by Wildlands Inc. Neighbors (ag, viniculture) are concerned that turning off the irrigation taps in the summer for the species could impact their w supply.

- All things C – Ecosystem Marketplace’s V-Carbon News (7/29)
---Discussion about lack of/new REDD methodologies
---World Bank finances REDD readiness in 14 countries to estab emiss baselines, adopt REDD strat, design monitoring.
---NYMEX will sell options/futures for RGGI starting late-August.
---WL store 20% of world’s C & if destroy them, you release a “Carbon bomb” say scientists.
---Article tested 10 C calculators and found variation of 30k+ tons (~= to yrly emiss of 3 cars). Only 2 calc’s recc lifestyle changes to reduce C footprint.

(graphic source: Seattle Post Intellincer)


- Certif – study on PA sales of FSC/non-FSC sales shows PA got 10% incr in rev from FSC-certified.

- PES – PBS Frontline highlights Sierra Gorda PES project in Mexico – comm. paid to plant trees, hope to sell > svcs in the future.
- PES – Ecosys M’place article highlights wildlife tourism PES in Tanzania. Tourism interests in past paid just for concessions in wildlife viewing, now paying for (non-tourism) wildlife hab protect. Successful deals allow local comm. trad grazing, but prohibit ag, settlement, tree-felling.

- Instit – FTC to create “green” marketing standards/guidelines in 2009 – to prevent deceptive claims.

- Misc – judge includes loss of ecosys svcs in damages from a wildfire: “It's an important development in the law to have courts saying decisions aren't limited to the value of timber," said Sean Hecht, executive director of the UCLA Environmental Law Center. "A calculation is now allowed to look at the value of wildlife and the ecosystem.”

News Summary for 6/4-6/20

...just catching up, folks. Another installment coming soon.

Meetings / Seminars
- 5/14-16 – CCAR’s 6th Annual Meeting – all you could ever want to know about CCAR. Summaries and presentations here
---CCAR explains Climate Action Reserve. Screenshots and step-by-step how-to incl in ppt
---Nice ppt from PG&E about utility users’ vol C offset program (“by 12/2009, PG&E will contract for at least 1.5 million tons”). This is the program that had a recent RFP out (7/2) for CCAR-standard projects.
- 6/9-6/10 - 12th Global Katoomba Meeting – 6/9 and 6/10 summaries below
- 6/11-6/12 - Private Katoomba Meeting on the Chesapeake Bay – day summaries below
- 6/2008, Brazil - 12th Internat Congress on Env Law of IUCN – focused on trends in imple of PES in Americas (best practices, legal/instit frameworks). Contact: Rodrigo Martinez usdecons9(“at”)oas.org (Organiz of Amer States’ Dept of Sust Dev).

Projects
- Market-based CIG Grants (Ches Bay grants, national grants)
---Ches Nutrient Neutral Fund (Ches Bay Foundation)
---the Bay Bank (Pinchot Institute)
---Gopher Tortoise Habitat Credit Bank in GA and AL (Amer Forest Foundation)
---Mkt-based rangeland restor & crit w’life hab in Sagebrush (Sagebrush Foundation et al)
---PES in FL ranchlands, from pilot to program operation (WWF)
---C Credit mkt infra (Couer d’Alene Tribe)
---Mkt-based incen to reduce sedi from ag lands, etc. (Kansas St U)
---Develop/use a modified NTT tool for WQT (Tarleton St U, MD)
---Mkt infra for WQT/etc in Upper Miss (Minnesota River Basin, Joint Powers Board)
---Facilitating NIFP to C offset mkts (George McKinley)

- WQT Funding – EPA’s Targeted Watershed Grants app is due (w/ state governor approval) by Sept. 9. RFP is here

- Corp Sustain – World Bus Council on Sust Dev’s class of 2008 Future Leaders Team are focusing on ecosystem services & how bus depend on; how to ID opp’s and miti risks; to use WRI’s Ecosystem Services Review (ESR) methodology. Contact: Katherine Madden, WBCSD madden("at")wbcsd.org

News
- C and Institutions – May 2008 USDA Forest Service memo guides FS leaders re: reforestation/C projects. Says FS is not currently involved in any selling/trading of C offsets (C *credit* projects – distinction here is using for CCX or future regulations). FS only has 3 current C *offset* projects with National Forest Foundation, consider these as demo projects for using forest mngt in a CC miti strategy (new projects can only be approved on case-by-case basis). FS can partner with folks who advertise *general* C claims or benefits from donations for reforestation but these can’t be advertised like “offset your GHG” or ”go C neutral”.

- C – PG&E offsets Dem party nat convention w/offsets from Garcia River Forest (CF project)
- All things C - Ecosystem V-Carbon News (6/11)
---Lieberman-Warner cap & trade bill didn’t get enough votes
---1st project registered/verified under CA Forest Protocols, Pacific Forest Trust’s Van Eck forest in Humboldt Co. CA, offering VERs
---2 CA bills proposed to regulate OTC C

- CC – USDA Forest Service factsheet “Climate Change and Water: Perspectives from the Forest Service”

- Instit – Doug Lashley (CEO Greenvest) op-ed: support > efficient multi-cred mkt in Ches Bay
- Env Mkts –DoD-contracted(?) 2007 doc by Idaho Nat’l Lab – says DoD will likely be largest buyer/seller of wq credits; screenshots of hypothetical multi-cred mkt
- Env Mkt info – new blog related to env markets by EcoAsset Markets

- Tools – a little 411 on the company APX: did CCAR’s “web-based platform and account management tool for the registration, serialization, tracking, and retirement of GHG offsets for the Climate Action Reserve”. Did work in renew NRG mkts, Gold Standard VER registry. Based in Santa Clara, CA with brand-new office in DC (to get cozy with CC legislation). 2 key leaders from Marsh, Inc. (global risk mngt & insur). Goldman Sachs is a minority equity investor.

- Certif – SFI has web-based survey to collect/compile suggestions/rationale for changes to SFI standard

News Summary for 5/17-6/3

Projects
- Nonmarket Valuation – BBC World “Nature Inc.” – “a new series that reveals the true value of nature by putting a price tag on it.” 1st install – bee pollination & CA almond groves June 13th 19:30GMT.
- W Flow – new FS project looks at beavers/fens restor/reintro in Rocky Mtn region to incr w retention capacity as CC adaptation. Contact: Trey Schillie

News
- Farm Bill (USDA website)
---“Passes” (w/snafu) on 5/22 (veto overridden)
---5-yr, $307 bill - $4bill for conservation ($188mill for Ches Bay)
---Lang to help env svcs markets but no funding (“develop uniform standards for quantifying environmental services; establish credit registries; and offer credit audit and certification services”)
---New grants for buying community forests; cost share for emergency for restor; state forest assess & plans; forest “CIG”-type grant program; wood-to-NRG program
---Some, but not much reform of subsidies (see Economist slam)
---Ecosystem Marketplace summary
---Summary of forestry-related items by Northern Forest Alliance Exec Dir George Gay
---Summary of Conservation Title from American Farmland Trust

- All things Mitigation - Ecosystem Marketplace’s Mitigation Mail (5/30)
---FL bill to regulate sea grass loss/damages fine facing veto as last-min amend to allow mitigation banking angers enviros. Crit: miti = net loss
---a NJ conserve trust is putting land up for bid to dev/sell WL miti (but not own the land). Bids start at $15k. Could bring the org $3.8mill.
---TX County has HCP for review that sets up cons miti bank (birds, karst invertebrates) for roads, schools, utilities, pub or priv dev, etc. in Co.
---Charlotte County plans to buy scrub jay (TES) habitat crit: $$, would be preserved by landowner anyway (additionality), pub access concerns
---Another Co gets crit re: additionality of cons miti plan on pub land bought for conservation. Sounds like idea to create bank spurred by dev D/ lack of miti S
---Another gov gets crit re: additionality/net loss – ME DOT + partners planned to restore WL for restoration’s sake, then decided to turn it into a WL miti bank for their uses.
---Miti industry consolidation – Wildlands Inc. buys Acer Environmental (GA/NC)
---Australia’s BioBanking has RFP for landowners to dev/sell biodiv credits, sign biobanking agree

- Cons banking/ Regulatory drivers – US House Nat Res Comm/GAO investigation finds USFWS could have “trumped science with politics” on 8 ESA [de]listing decisions (of ~200 investigated). Looks like FWS jumped the gun in delisting. Pol interference could create unnaturally weak demand-driver for cons banking. House Nat Res Comm site, GAO report (70p), News article summarizing GAO official’s testimony to the House Nat Res Committee

- WQT – Ecosystem Marketplace article on Vol W Mkts reviews basics of D drivers (even if “vol”, gotta have reg driver)/players (regulated PT source, unreg ag sector) in WQT; ag prefers to stay under the radar of regulation/gov (eg – verifiers on farms); WQT price must entice - no D if ag prices high; state policies can work against D (ex – MD “flush tax” paying for PT source poll reduction).

- C – PG&E RFP asks for up to 1mill tons GHG emiss reduction via CA CCAR-verified projects to use customers’ vol offset $s. Deadline 7/2.
- C tax – SF Bay air qual mngt auth 1st in US to charge businesses fees to emit GHG. Will raise $1.1mill from 2500 businesses (ex fees: ~$1/yr for service station -> $50k+/yr for oil refinery). [Q: and do what with it?]
- REDD – New Forests continues S Asia roll (orangutan miti in Malaysia, selling biodiv credits to palm oil manu in Borneo) w/ REDD arrange w/ Indonesia regional gov for up to 1mill hectares forest.
- REDD in the USA – NPR story on N CA forest mngd by Pac For Trust –old trees capture/store > C > quickly than younger trees; variable standards of vol C offsets; CCAR

- Nonmarket valuation –U MD Center for Agroecology study on multi ecosys svcs, incl: maximizing forest mngt for C seq & timber, recre values ($96/day trip, $400/overnight trip), existence value of forests ($200-$375/person/yr). Press release, News story
- Nonmarket val – EU/Germany report: world env damage and species loss from forests costs $2.1-$4.8 trill/yr (NPV). Other world-scale val studies in draft stage: gen biodiv loss, coral reefs, Meditterr coastal WL, env bene of flood/erosion risk mngt, cost of species/hab plans.
- Nonmarket val – Tufts U/NRDC research – cost of not addressing CC (esp from hurri damages, real est loss, incr NRG costs, w costs) in US is $3.8trill/yr by 2100.
- Nonmarket val – CA Forest Assoc’s summer mag is all about link betw forest -> clean water/ consistent flow, W & CC, etc.

- Certif – FSC Fam Forest Cert mtg ID’d ways 2 reduce costs assoc w/ cert, incr landowner bene, impr communic. Mtg report soon.

- Tools – NWI maps now on Google Earth
- Tools – Forestry GIS freeware

-Misc – OSU article on forest mkt drivers - TIMOs and REITs don’t care about maximizing ecosys svcs, sustaining local econ, etc. Land goes to highest val (golf course, timber, whatever). Rise of TIMOs/REITS b/c of tax law (disadvan for timber co’s to own land).

News Summary for 4/21-5/2

Projects
- Regional ecosys market – non-prof NW Nat Res Group receives EPA targeted w’shed funds for market-like projects in Nisqually w’shed, WA. Includes promoting sust cert of ag/forest products, creating wq trading credits from sust ag/forest mngt, conservation easements.

- GHG offsets – EDF focusing on CA working lands; pilot test with rice farming mngt practices & will market credits.

News
- All things Mitigation - Ecosystem Marketplace’s Mitigation Mail
---Ecosys Marketplace 1st of series of articles on new WL miti rules. Past pres. of Nat Miti Banking Assn thinks new WL regs will triple priv WL miti banks from 500 to 1500 in 3-5 yrs. > transparency – required docs have 2B posted online. New timeline (<1 yr) for the Corps to approve miti. Skepticism: that WL f(x) can be maintained w/ miti, can str really B restor?, unintended conseq: miti occurs away from urban areas (hi pr land)
---Ecosys services standards in Farm Bill – House version would have USDA in charge, with input from DOI, DOE, Commerce, DOT, EPA, ACOE; Senate version – build standards framework w/ collabor stakeholder process. Supposed to decide 4/18.
---2007 ELI Report Miti of Impacts to Fish and W’life Hab: Est Costs and ID Opps – 1st ever annual cost compens miti from fed programs is ~$3.8bill ($2.9bill-404 permits, $370mill-HCPs, $417mill-hydropower miti, rest-nat res damage miti). Could target those $s to st w’life action program priorities.
---Charlotte Co interested in buying scrub jay habitat for new miti bank
---WA ag comm protesting taking ag land out of production for WL miti bank, suing; bank says it’s ag land b/c includes native seed/plant nursery
---New Forests launched $100mill Eco Products Fund – invest in forest-based C, biodiv, water ecosys services (SE Asia, Pac Is, Latin Amer). Selling biodiv credits to palm oil manu in Borneo.
---New CA Sandhills conserv bank
---OR Willamette valley WL miti credits expensive: $65k-90k
---private co Canopy Capital buys 1mill ac Guyana rainforest in hopes of future ecosys service compens – 16% of profits would go to the co, 80% (!) to local comm., 4% to research instit

- WL Miti – Science article (Stokstad, vol 320:5873) on Final Rule WL miti - presents sci as alarmed/ troubled/ worried about some aspect of WL/str miti, w/ minor defense from the Nat W’life Fed & ACOE rep's quoted saying things along the lines of this is pretty good/ we're addressing that concern

- C – cap&trade won’t break the bank says EDF. Evidence from 5 major studies = if reduce 60% by 2050, would slow eco growth by 0.03% yr. @ odds with industry study – lose mill’s jobs.
- C – new Google-type search plants 2 trees for every 1,000 searches (offsets 1 ton GHG)

- Biofuels – NYT Op ed about biofuels as darling/baddy, stresses don’t throw baby out w/bathwmg but refocus on those with env bene & no subsidies.
- Woody biomass – article re: as housing market slows, mills slow, wood waste decr -> decr S for biomass NRG plants. Chip prices are up 50% since last year.

- Drinking water – Forest Service Forests, Water, and People Assessment highlights priority private forests in the Northeast and Midwest that are imp for drinking water
- Flood retention svcs – Google earth to include flood threat on mapping
- Misc – new Water Footprint calculator. Basic version – if you live in the US and are not a vegetarian, your footprint will be large; scales up with income.

- Certif – NBC Nightly News highlighted sust logging on FSC-cert forest.

News Summary for 3/24-4/4

Meetings / Seminars
- WSJ ECO:nomics, Creating Environmental Capital conference - was invite only/$$$ & w/lots of big-wigs. Wal-mart: we’re not sure when we’ll get to 0 waste and 100% renew NRG. GE: capitalizing on green tech. Governator: re-think nuclear? Rainforest Action Network: kickin’ it old school, crashes party & slams ADM re: palm oil (w/schoolchildren petitions, no less). Summary of conference
- WQT – just came across a 2/21 PA Sen Repub Policy Committee hearing on Ches Bay nutr reduction goals. Speculations on why nutr trading isn’t going gangbusters. Main points below, audio file here
- C – Western Climate Initiative Offsets Subcommittee – discussed what will qualify as offsets under WCI’s cap&trade (incl role of forestry, ag). Draft proposal out ~May. PPTs

News
- WL miti – EPA/Corps issue official reg’s on wetland miti (had been just guidance). Changes: gives pref to miti from (in order): mitigation banks, in-lieu fee programs, ~on-site mitigation (big change b/c on-site was previously 60% of miti); watershed-scale miti gets pref; in-lieu held to miti bank standards; approval process has timelines. Regs, detailed analysis, news story
- All things Mitigation - Ecosystem Marketplace’s Mitigation Mail
---Species recovery credits – if there’s TES habitat on gov land, agency (ex – Army) can shift respons of protecting habitat to adjacent landowners. Criticisms: less accountabil than cons banking (mngt/monitoring plans, ecological milestones); no endowments to cover unforeseen exp; long-t mngt stays w/ landowner (as opposed to a cons group); less/no transparency (/landowner confidentiality).
---Pomo tribe (CA) creating WL miti bank to miti for development w/in their lands
---GA school board to set up a WL miti bank on their lands
---WA state lets local gov give final approval of WL banks
---rural WA credits go for $75k, Seattle/Belleview credits go for $400-500k
---new 500-acre bank in MS

-WQT – MD announces final [point-to-point source] nutrient trading. Have to upgrade WWTPs before can trade.
- WQ – Nature article on study of (72 US) streams’ ability to absorb N: 10-20% w/in 1 hour. As incr N loads, “precipitous drop” in abil to absorb. Impli: if incr N (say, from incr biofuels prod), more N pollution/dead zones. Mullholland et al., 2008, Nature, vol. 452.

- All things C - Ecosystem Marketplace’s V-Carbon News
---TNC has vol C credits to VCS & CCS standards from project in LA, pricey ($20/credit)
---JPMorgan buys UK C offset co
---Env Defense has RFP for potential offset providers on new FightGlobalWarming.com, which helps co’s buy hi-qual C offsets
- C – new WY legis: 1) estab state reg framework for C seq projects, 2) gives owners surf rights the rights to underground CO2 storage
- C – AgraGate (subsidiary IO Farm Bureau) does 15-yr forestry contracts (afforest, sust mngt), pools credits, sells on CCX, pays landowners (- service fee). Currently has 100 contracts/60k acres afforest in southern US.
- C – CCX C prices rising, from low of $1.70 last year to $5.70 last week (b/c all 3 pres candidates are talking about C cap&trade)
- C seq – forest industry study concludes managed forests seq 2x more C than unmanaged

- Planning – program/tool Corporate Ecosystem Services Review (WRI) - ~EMS-ish, but easier, review risk/opp/strategies from ecosys service perspective. xls/ppt/cases to help
- Planning –Ecosystem Services: A Guide for [public sector/gov] Decision Makers (WRI)- a how-to framework for taking es into account in economic/social policy decisions. Story/case study provides ex of how to imple
- Woody biomass –NV plant (designed to power prisons) halts production. Blames USFS, says can’t get supply; USFS counters: we have S, it’s just transport $$ to get to plant.
- Incen for conserve – article re: 3,600 forestland conservation easements in US, held by 16 states & 355 cons org’s (from survey of land trusts/gov easement holders w/ ~50%response rate). Failure to address shortcomings (lack/poor baseline, record keeping, professional mngt plans) = lose legitimacy.
- Incen for conserve – 1st time in 2 years farmers can sign up for CSP in these watersheds
- Info – Dovetail report, basic explan of forest opp’s in eco-markets, emph on C (16p)

- Internat PES – WWF/CARE Guatemala studies on: hydro, eco val, w’shed selection, legal framework (in Spanish). Contact
vreyes@wwfca.org
- Certification – WWF new focus on certif., how it can val env services (can you get a price premium?, actually impr biodiv?, does is impr rural incomes?). Contact Pablo.gutman@wwfus.org
- PES – new website, ex’s of PES around the world