Finite Carbon announces Tennessee project

Wayne, Pa.-based Finite Carbon Corp. launched last summer to provide landowners with a single-source, end-to-end solution for creating and monetizing carbon offsets, is developing a forest carbon project for Lyme Brimstone Forest Co. in Tennessee.

It will be Finite Carbon's first project in the eastern part of the country to be listed under the new Climate Action Reserve protocol. The project involves more than 4,300 acres of Brimstone Forest lands in the Cumberland Mountains near Oak Ridge, according to Finite Carbon. The company expects the project to generate several hundred thousand carbon offsets over the next 100 years.

Lyme Brimstone Forest is a subsidiary of the Lyme Forest Fund, the forest land investment arm of Lyme Timber Co.