The Carbon Canopy is a novel partnership among companies, landowners, and nongovernmental organizations (NGOs) that seeks to leverage markets for ecosystem services to increase the area of southern U.S. forests certified as sustainably managed. The
Southern U.S. forests remove carbon dioxide from the atmosphere and store it in the form of carbon in leaves, roots, branches, trunks, soil, and woody debris and other plant litter through a process known as "carbon sequestration." Through this process, southern
The question of whether there is any value to the temporary storage of carbon is fundamental to climate policy design across a number of arenas, including physical carbon discounting in greenhouse gas accounting, the relative value of temporary carbon offsets, and the value of other carbon
What are greenhouse gas offsets?
A greenhouse gas (GHG) or “carbon” offset is a unit of carbon dioxide-equivalent (CO2e) that is reduced, avoided, or sequestered to compensate for emissions occurring elsewhere. These offset credits, measured in tons, are an alternative to direct
This document provides a detailed summary of the greenhouse gas (GHG) offset provisions in the American Power Act, which was introduced by Senators Kerry and Lieberman on May 11, 2010.[^1]
This summary provides a concise overview of the American Power Act (APA) released as a discussion draft by Senators John Kerry and Joseph Lieberman on May 12, 2010.
Payments for ecosystem services are becoming an increasingly important part of the U.S. business and regulatory landscape. As programs that provide payments for ecosystem services grow, policy makers will need to determine how these various payments should interact with each other.
S.1733, the Clean Energy Jobs and American Power Act (CEJAPA) also known as the Kerry Boxer bill , provides a number of important provisions that will ensure that offsets used in the U.S. cap-and-trade program represent real, additional, measurable and verified greenhouse gas (GHG) emission reductions.
A sound understanding of the economics of offsets – in particular, of the potential supply of offsets under future market conditions – is critically important for policymakers as they address major design decisions in crafting climate
A comprehensive cap-and-trade program requires a number of policy design decisions. These involve setting emissions targets, determining which sources will be regulated under the cap, how pollution permits will be assigned or auctioned, and how
Carbon offsets can be an effective tool for lowering the costs of compliance in a cap-and-trade program, and are already being widely used internationally to comply with greenhouse gas emissions targets. To function well and maintain the integrity of a cap-and-trade system, carbon
There are two ways the U.S. government could bring consistency and credibility to the voluntary carbon offset market: endorse an existing program and provide guidance, oversight and/or enforcement.