Conservation Banking And Mitigation Tax Credit Scam - John Baca, JD

According to the US Fish and Wildlife Service:

"Mitigation refers to projects or programs that help offset negative impacts to natural resources, such as a stream, wetland, and species-at-risk. When projects are unable to avoid adverse impacts to a threatened or endangered species, mitigation represents an alternative way to support conservation and comply with the Endangered Species Act. Developers may purchase "credits" for projects and programs that are conserving and restore valuable natural resources.

U.S. Fish and Wildlife Service Conservation Banking
Conservation banks are permanently protected lands that contain natural resources values. These lands are conservation and permanently managed for species that are endangered, threatened, candidates for listing, or are otherwise species-at-risk. Conservation banking offers opportunities for landowners through preservation, enhancement, restoration and/or establishment of habitat for species. In exchange for permanently protecting the land and managing it for these species, the U.S. Fish and Wildlife Service approved habitat or species credits that bank owners may sell. Developers and other project proponents who need to compensate for the unavoidable adverse impacts their projects have on species may purchase the credits from bank owners to mitigate their impacts. Learn more about the U.S. Fish and Wildlife Service's Conservation Banking program."

Oklahoma attorney John Baca will talk to us about what he found out about the use of these tax credits while researching easements used by wind turbine companies here in the state. It is very concerning. Tune in LIVE at 9am to be part of the conversation.

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