After credits are sold in carbon markets, NASCSP would distribute the proceeds back to each state.

FORBES: Using Carbon Credits To Pay For Energy Retrofits

Along with the company's board of directors, he's rejected a plan pushed by private equity firm Pershing Square Capital to sell off some company-owned restaurants and distribute the proceeds to stockholders through dividends and share buybacks.

FORBES: Magazine Article

This means investors need to maintain reserves against potential claims and cannot distribute all of the proceeds.

FORBES: Tough Truth About Defensive Exits