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|Wednesday, April 17, 2013|
BY LINDA BAKER | OB EDITOR
The Pinchot Institute for Conservation and PacificSource Health Plans have partnered to provide a first of its kind "ATreeM" card that uses proceeds from American Carbon Registry-certified carbon credits to provide health care funds to family forest owners.
According to Pinchot's Alex Andrus, the Oregon pilot project, three years in the making, grew out of a survey showing that health care costs were one of the main reasons family forest owners sold off land to be subdivided for development purposes. The partnership also aims to grow the fledgling U.S. market for carbon credits, which companies and investors purchase to offset pollution emissions.
So far, most entities interested in purchasing carbon credits invest in emissions reductions projects in developing countries, not the United States.
Enter the Forest Health-Human Health Initiative, in which investors purchase American Carbon Registry-certified carbon credits, with the proceeds returned to landowners in the form of cash deposits to their PacificSource ATreeMT card. By converting carbon credits into health care dollars, so the logic goes, family forest owners will keep the land as forest, offsetting greenhouse gas emissions generated by development.
"The initiative adds value at every point in the chain," says Andrus.
Unlike other health care debit cards, the ATreeMT does not require participation in any health insurance policy, participation in any employer-provided health insurance plan, as is the case in health reimbursement arrangements (HRAs). The card also limits debits to only health care expenses such as prescription purchases, wellness care, dental care, co-pays, and insurance deductibles.
In the absence of mandatory limits on carbon, the U.S. carbon market has struggled for years. California instituted a cap and trade program this year, and Oregon legislators are now debating a carbon tax. At the same time, the state is pushing forward with pioneering programs programs to reduce health care costs.
To be sure, the Pinchot/PacificSource partnership is one very small solution to two very big problems.
The innovators are undeterred.
"As of today, we are officially ready to talk to investors and make transactions," Andrus says.
OB Editor Linda Baker keeps tabs on CEO and public policy issues, with frequent forays into innovation, entrepreneurship, and bikes.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Wednesday, August 20, 2014
By Kim Moore | OB Editor
The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Thursday, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.
Vanessa Sturgeon and Miller Nash LLP were selected as leaders in encouraging female advancement.