Delaware Carbon Dioxide Storage Lease (with Landowner)
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FAQ
So what is a carbon credit? A carbon credit is created from a carbon offset, which is an activity that prevents the emission of carbon dioxide or another greenhouse gas to the atmosphere that would otherwise be emitted.
?Trade? refers to the sales transactions that take place under this program. Businesses that emit less CO2 than their permitted limit can sell their surplus carbon credits to others that need to emit more carbon than they are permitted.
Carbon Leasing Landowners can participate in a carbon lease through carbon sequestration that is stored in the soil or through trees on the property. This is known as carbon offsets or carbon sequestration. Landowners can also lease their previously drilled wells to store carbon underground.