As a means of consistently reporting forestry carbon offsets created through programs established under ORS § 526.725, 526.780 to 526.789, 530.050 or 530.500, the State Forester shall develop a forestry carbon offset accounting system for the registration, transfer or sale of forestry carbon offsets. The forestry carbon offset accounting system shall:

Terms Used In Oregon Statutes 526.783

  • Board: means the State Board of Forestry. See Oregon Statutes 526.005
  • Forester: means the State Forester or the authorized representative of the forester. See Oregon Statutes 526.005
  • Forestry carbon offset: means a transferable unit based on a measured amount of carbon storage expressed as a carbon dioxide emission equivalent, or other equivalent standard, and accruing on forestland as live or dead matter in trees, shrubs, forest litter and soil. See Oregon Statutes 526.005

(1) Use accepted principles and standards relating to creating, measuring, monitoring, marketing, verifying, registering, transferring and selling carbon offsets used as mitigation for carbon dioxide emissions; and

(2) Be consistent with any rules adopted by the State Board of Forestry under ORS § 526.786. [2001 c.752 § 3; 2007 c.201 § 7]