Now we will learn how tree planting and the carbon market provide cash for TIST farmers. First you will learn about carbon.
Join a Small Group
TIST Farmers join a small group with the goal of helping the environment by planting and maintaining trees.
Sign GHG Contract
The TIST Small Group signs a Green House Gas, or GHG, contract with TIST’s parent company, called Clean Air Action Corporation (CAAC).
Plant and Maintain Trees
With this contract, the Small Group agrees to a 60 year contract where trees are to be planted and maintained for at least 30 years, and CAAC agrees to share in the profits from the tree planting.
Measure the Trees
After the trees grow and mature for a period of 3-5 years, a TIST staff member will visit the Small Group and and count the trees and measure the tree growth.
By measuring the trees, TIST can calculate the amount of carbon the trees have taken out of the air. This allows CAAC to calculate the carbon sequestered by those trees.
Verify the Carbon
TIST hires third party verifiers to make sure this measurement is accurate.
Clean Air Action Corporation then creates a carbon credit from the amount of carbon trees have taken out of the air.
Selling the Carbon Credit
Companies then buy this carbon credit from Clean Air Action Corporation.
Sharing Profits with Farmers
Clean Air Action Corporation then shares the profit from the sale of the carbon credit with the TIST farmers, as agreed in the GHG contract.