Carbon Offsets Bring New Investment to Appalachia’s Coal Fields, But Most Appalachians Aren’t Benefitting

Central Appalachia is home to the third-largest concentration of forest carbon offsets traded on the California carbon market. But while these projects bring new investments to Appalachia, most people in Appalachia are not benefiting.

The effect of this new economic activity is evident in the Clearfork Valley, a forested region of steep hills and meandering creeks on the Kentucky-Tennessee border.

Rural communities here once relied on coal mining jobs. As the mines shut down, with the last closing in 2022, the valley was left with thousands of acres of forests and strip-mined land but fewer ways...