We live on 40 acres of forest land and the most we'll ever do with it is cut some trails for recreation and maybe a little bit of firewood here and there. So I've always been curious about trying to leverage it to make money selling carbon credits.
To date, most of the opportunities I've found require much larger parcels of land to develop into sequestration projects. But these guys recently showed up on my radar: https://familyforestcarbon.org/
They work with a local forestry company I'm familiar with so seems pretty legit. Initial phone call reveals that if I'm eligible, I can get $200/acre spread over 20 years. Not huge money, but nothing to sneeze at for essentially doing nothing.
Anybody have any experience with them or other carbon sequestration programs?
Yes, I have done with my own property via a company that was doing one-year programs on even small parcels using remote sensing tech. They won't continue as they got turned down on auctioning such short time periods and need a longer lock-in.
You would need some pretty rich acreage to get $200/acre. I was getting about $25/acre with 80 foot tall Douglas firs. You have redwoods?
Keep in mind to be legit, you need to commit to logging the trees if you are NOT in the program. Otherwise, it is sort of sham, which you do not want to be part of. It would be offering carbon credits to polluters in return for your not logging the trees so your logging has to be legit.
I was also involved, via an HOA, in a much larger and more lucrative plan which was 100 years I think. It was a lock-in with most of the cash up front and smaller payments along the way. If the trees are ever cut, the money gets refunded. In the end we didn't do it because we decided it was a sham as we were not serious about cutting the trees down.