Yes. They really should have warned you. They warned me about the markers so I asked where they would be put. They asked me if they could spray paint and I said that was fine.
Selling carbon credits
- Thread starter BenAllgood
- Start date
Well that clears up that mystery for me. Thank you!
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BenAllgood
5 year old buck +
Mine went down from 68 to 57. They are basing that off of 31 eligible acres.
Hoytvectrix
5 year old buck +
Yes, and they typically put orange flags around the trees around this post. I believe these are position markers for quadrants for them to come back next winter and measure.
Hoytvectrix
5 year old buck +
Fortunately, my Dad was around at first. He was very appreciative that we were able to open the gates.
I am not sure if you have your forester's number, but we kind of befriended him because we had a snow storm and let him keep his equipment in our garage overnight. In the process, we had asked for the raw data that he collected. I am not sure yet if anyone can request this data at the end of the enrollment period, but he did us a favor and shared it with us.
madroneberry
Buck Fawn
Curious if any of you have got paid for carbon credits with a program other than NCX? It looks like NCX's next enrollment is in Fall 2023, so I have time to look into options before going with them if I don't find anything better. I manage ~1500ac on the west coast. We would rather the trees stay standing than log, and hope to find financially viable ways to do that. NCX seems to be a low-investment / low-reward way to go while I look for a better long term alternative.
madroneberry
Buck Fawn
Private owners - basically I'm trying to find a financially viable way for them to keep the land, otherwise they may have to sell eventually, and it would most likely get logged.
Howboutthemdawgs
5 year old buck +
I’m in the same boat. Getting a little skeptical only because they apparently they had trouble getting interest in the next round. Let’s hope they didn’t bite off more than they could chew
Hoytvectrix
5 year old buck +
I think you guys have probably been asked about method of payment? We were and are expecting to get paid soon.
madroneberry
Buck Fawn
I'll be really interested to hear what you all get and for what acreages and forest types. The likely returns seem rather opaque. Of course it will probably vary quite a lot year to year as well.
I heard the opposite — that they were nearly tapped out and only allowing renewals and no new enrollees.
If finances are even somewhat important, you’ll be much much better off to harvest some timber, judging from the offers they made me. If your land isn’t able to be harvested easily, their algorithm will likely pick up on that and your offer will be less.
mtholton
5 year old buck +
yah i'm not sure they are killing, I thought I saw they laid off 40% of the company a couple months back.
Hoytvectrix
5 year old buck +
They did lay off a number of their employees. It looks like they have pushed the new enrollment back a few more months, now to September 2023.
Here is a summary of our payout. Not too bad that it has come back more than we were expecting.
I am a little skeptical they will even be able to do open enrollments in September. For the time being, we will still try and take part in the next enrollment.
Howboutthemdawgs
5 year old buck +
Yeah I just got my final notice. I got $200 more than expected. I was very pleased with the process
How many wooded acres is that?
Hoytvectrix
5 year old buck +
I think it was 147 or so. There is no chance that we have 147 acres of woods. I am not entirely sure where the 147 came from. I think it is an estimate for quality and quantity of woods based on imagery. You create an area of interest and they pay based on that area. I believe we selected around 150 acres. For context, I would say we have few mature trees on this property, as it was logged about 40-50 years ago, so the quality probably isn't even that good. A surveyor came out and did actual measurements. I don't know if that played into the payout actually increasing or not.
Something else that was neat with this whole process is having an official forester do an assessment of your property. They sent us the report for quality and quantity of trees. I am not sure what this typically costs, but it was included for free for us taking part in the program. You have to be randomly selected for the calibration assessment though.
