Carbon Offset Deal Helps Michigan Cash In on Its Trees—by Not Cutting Them Down

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Carbon Offset Deal Helps Michigan Cash In on Its Trees—by Not Cutting Them Down
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In Michigan, a state forest known as “Big Wild” is generating fresh revenue by limiting logging and creating carbon offsets

VANDERBILT, Mich.—The Pigeon River Country State Forest generates cash from timber sales, oil-and-gas leases, hunting licenses and camping fees. Now the foresters who look after its towering red pine, bleach-barked aspen and elk will manage the roughly 110,000 acres for a new moneymaker: carbon offsets.

Michigan’s Department of Natural Resources has agreed to limit logging in the Lower Peninsula forest known as the “Big Wild” over the next four decades to create carbon offsets, a climate-change currency that companies use to compensate for emissions. DTE Energy Co. , Michigan’s largest energy company, has agreed to buy the offsets and is marketing smaller carbon footprints to customers of its natural-gas business who are willing to pay a monthly fee to go green.

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