ARB Defends Forestry GHG Offset Protocol Under Fire By Environmentalists

State air board officials are defending their greenhouse gas (GHG)-offset protocol for forest management projects under cap-and-trade, which came under attack this week by environmental groups that are demanding the protocol be amended to correct what they claim is a glaring flaw that awards valuable credits to companies that carry out environmentally damaging "clear cuts" of older trees. The board's defense of the protocol would appear to thwart the environmentalists' campaign to overhaul the rules, which was aimed in part...