News: Partnership to Support Sustainable Forest Management, Offset Emissions
Partnership with VGS part of VLT’s Forest Carbon Cooperative that helps Vermont’s forestland owners participate in carbon markets
April 22, 2021
The Vermont Land Trust and Vermont Gas Systems (VGS) have entered into a partnership as part of the land trust’s Forest Carbon Cooperative, the two organizations announced today.
The Forest Carbon Cooperative is a first-of-its kind initiative that helps Vermont’s forestland owners participate in the voluntary carbon market. As part of this initiative, ten landowners, managing 7,500 acres of forestland in the northern Green Mountains, receive payment and support to manage their lands for enhanced climate benefits. Many partners, including Cold Hollow to Canada (a community-based organization in the Northern Greens), The Nature Conservancy, UVM, and Spatial Informatics Group supported the launch of the Forest Carbon Cooperative.
By purchasing locally generated carbon credits through the land trust, VGS will entirely offset emissions from its company vehicle and fuel usage for all of 2021 with a plan to expand the partnership in future years.
“We applaud VGS for their leadership and commitment to supporting local climate solutions,” said Nick Richardson, President and CEO of the Vermont Land Trust. “By purchasing these credits, VGS is helping to strengthen the economic and environmental health of our forests and our state as a whole. Managing for carbon leads directly to other important benefits, including clean water, flood resilience, wildlife habitat, and human health and wellbeing.”
“We have set our sights on decarbonization by 2050 and converting our fleets will be part of that work,” said Neale Lunderville, VGS President and CEO. “This partnership is an incredible local opportunity to work with our friends at VLT to start making a difference now with these locally generated offsets. The Forest Carbon Cooperative is an example of VLT’s far-sighted vision to support both working lands and the Vermont economy, and has the added benefit of supporting families across Vermont as they adopt sustainable forest management practices,” he added.
“This program, as well as projects like our partnership with Vanguard’s farm-based digester in Salisbury and district energy in Burlington, get us closer to meeting our climate goals. VGS is proud to be a partner in these efforts and we look forward to more in the future,” Lunderville shared.
To learn more about the Forest Carbon Cooperative, visit: vlt.org/forestcarbon
To learn more about the VGS climate plan including how to sign up for RNG, visit: vermontgas.com/2050-vision