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Texas Parks and Wildlife Code - PARKS & WILD § 11.302. Carbon Sequestration and Similar Ecosystem Services Projects

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Except as otherwise provided by this subsection, the department may enter into an agreement with a public or private entity for the purpose of developing a nature-based carbon sequestration or similar ecosystem services project on department land. This subsection does not authorize the department to enter into an agreement to develop a carbon dioxide injection well on department land.

(b) Money received by the department from a carbon sequestration or similar ecosystem services project under this section shall be deposited:

(1) to the credit of the game, fish, and water safety account, if the project is located on land primarily used for game or fish conservation, protection, or management; and

(2) to the credit of the state parks account, if the project is located on land primarily used for parks, recreation, or historic sites.

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Cite this article: FindLaw.com - Texas Parks and Wildlife Code - PARKS & WILD § 11.302. Carbon Sequestration and Similar Ecosystem Services Projects - last updated January 01, 2024 | https://codes.findlaw.com/tx/parks-and-wildlife-code/parks-wild-sect-11-302/

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