Oregon Revised Statutes Chapter 526 § 526.783 — Development of forestry carbon offset accounting system

Development of forestry carbon offset accounting system. 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: (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]