In 1997 The Climate Trust was founded as a nonprofit organization to acquire carbon offsets on behalf of power plants regulated by the Oregon Carbon Dioxide Standard, the first legislation in the nation to curb carbon emissions. New fossil-fueled power plants in Oregon are required to offset part of their carbon emissions. One of the ways they can do so is by providing funding to The Climate Trust on a fee-per-ton basis. The Climate Trust is the only organization qualified to administer the Oregon Standard and, while they have other options, all power plants have elected to comply with the law by engaging The Climate Trust.....
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