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Seattle politician to developers: Go green or else Print E-mail
Written by Keith Ervin, Seattle Times   
Thursday, 28 February 2008

Sims said ordinances implementing his proposed 2008 Comprehensive Plan also would offer "carbon credits" to developers who transfer their rural development rights to urban areas.

Because that would reduce sprawl — and thus climate-altering carbon emissions — such a transfer could offset a project's emissions that otherwise could jeopardize county approval, he said.

The details still are being worked out, Sims said: "We want to make sure it's market-defensible, it's legally defensible and it's based on the science."

He called his proposed carbon credits "a cap-and-trade scheme at a local level" that mirrors newly created national and international markets that trade carbon credits.

Sims unveiled his proposed comprehensive land-use plan, which is updated every four years.

The plan seeks to reduce the number of homes that can be built in rural areas by one-fourth by encouraging the market-based transfer of development rights to urban areas.

Developers would be required to obtain development rights under some circumstances and would be given greater bonuses in other cases for obtaining them.  Source



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