Authorizing Division of Forestry to administer certain exchange program

This bill establishes a state-regulated carbon credit marketplace called the West Virginia Carbon Exchange, administered by the Division of Forestry. It requires all carbon credits generated from West Virginia forests and timber to be sold exclusively through this platform, directly affecting forest landowners, timber businesses, and buyers of carbon credits. The program mandates scientific methods to calculate carbon capture from forest products and their environmental substitution effect, while prohibiting entities from "countries of particular concern" from participating. The exchange must certify credits, maintain public registries, and enforce price and term limits before listing credits for sale. The Division must launch the exchange by July 1, 2026.