NC H1809

Directs the Department of Agriculture and Consumer Services, Department of Commerce, and Department of Environment and Natural Resources to jointly evaluate carbon sequestration potential of natural and working landscapes in North Carolina, including farming practices, forest management, coastal habitat restoration, and biomass energy production.

Requires agencies to study carbon offset programs, existing certification standards, and technologies for carbon sequestration such as microalgae and biochar.

Mandates evaluation of costs and anticipated benefits for landowners, farmers, and foresters to participate as offset providers in a cap and trade program for greenhouse gas emissions.

Requires assessment of advantages and disadvantages of the state developing its own carbon offset certification programs or trading systems if a federal cap and trade program is enacted.

Agencies may employ consultants and convene an advisory committee; must submit an interim report by September 1, 2011, and a final report with recommendations and legislative proposals by April 1, 2012.