Establishes a Forest Carbon Registry in West Virginia to track carbon offset agreements and projects.

The bill establishes a Forest Carbon Registry under the West Virginia Division of Forestry to track properties encumbered by carbon offset agreements or projects. It mandates the recording of carbon offset agreements and projects with the registry and county courthouses. The registry will include details such as property descriptions, GIS shapefiles, and contact information. Penalties for noncompliance include civil fines and business license suspension. The registry aims to ensure transparency and accountability in forest carbon management.

Establishes a Forest Carbon Registry in West Virginia to track carbon offset agreements and projects.

The bill establishes a Forest Carbon Registry under the West Virginia Division of Forestry to track properties encumbered by carbon offset agreements or projects. It mandates the recording of carbon offset agreements and projects with the registry and county courthouses. The registry will include details such as property descriptions, GIS shapefiles, and contact information. Penalties for noncompliance include civil fines and business license suspension. The registry aims to ensure transparency and accountability in forest carbon management.