Virgin Islands Carbon Dioxide Storage Lease (with Landowner)
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FAQ
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.
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.