Carbon and Competitive Advantages for Hardwood Mills

The University of Kentucky's Department of Forestry recently completed a project to help hardwood sawmills determine the feasibility of increasing revenues by selling carbon credits tied to their role in producing long-lived wood products that store carbon. With the collapse of the Chicago Climate Exchange, no carbon market currently exists. Hardwood sawmills can use an Excel spreadsheet created by this project to estimate probable gross and net revenues from the sawmill's potential participation in future carbon markets. View the final report here.