Forest and wood products data tracker

(a) In general Not later than 2 years after the date of enactment of this Act, the Secretary, acting through the Chief of the Forest Service, in collaboration with the Chief of the Natural Resources Conservation Service and in consultation with Federally recognized Indian Tribes, State foresters, and private sector partners, shall establish a publicly available platform to provide measurement, monitoring, verification, and reporting data regarding the carbon emissions, sequestration, storage, and related atmospheric impacts of forest management and wood products. (b) Activities In carrying out subsection (a), the Secretary shall source data, information, and data analysis from Department programs and interagency programs, including— (1) the Forest Inventory and Analysis program, including the Timber Products Output survey; (2) Forest Service and Natural Resources Conservation Service soil carbon estimations; (3) the Forest Products Laboratory; (4) the Federal Life Cycle Assessment Commons; (5) Department entity-level guidelines; and (6) other relevant programmatic data and information sources, as published and made available. (c) Priorities The platform established under subsection (a) shall provide tools that calculate— (1) the above- and below-ground forest carbon stocks and stock changes associated with species composition, forest management regime, and landowner types (including small area estimations for regional and localized geographies across the United States) made available through Forest Inventory and Analysis updates and annual reports; (2) the embodied carbon involved in the manufacture of products, using data from published environmental product declarations and life cycle assessments, updated as new and more refined data becomes available; (3) the long-term stored carbon in manufactured timber products; and (4) the carbon displacement of wood products, compared to other materials, using substitution factors. (d) Rule of construction Nothing in this section may be construed to provide authority with respect to the generation, consumption, or trading of carbon or environmental credits from National Forest System land in any voluntary or compliance environmental markets.