By Brian Jackson and Elizabeth Skree, Environmental Defense Fund
When society asks who will pay for Louisiana wetlands restoration, people usually think of government or big oil. While both have a huge role, recent developments suggest there may soon be a way for a broad range of American and international businesses to get involved and help pay for restoration projects that will benefit everyone.
A new methodology released by Tierra Resources LLC outlines a system to calculate and measure carbon credits, which could then be sold in a carbon market — an innovative step towards creating economic markets for ecological restoration. This development could lead to unprecedented amounts of private money flowing into Louisiana to restore the Mississippi River Delta.
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