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As the United States moves to a low-carbon economy in order to combat global warming, credits for reducing carbon dioxide emissions will increasingly become a commodity that is bought and sold on the open market. Farmers and other landowners can benefit from this new economy by conducting land management practices that help sequester carbon dioxide, creating credits they can sell to industry to “offset” industrial emissions of greenhouse gases.
This guide is the first comprehensive technical publication providing direction to landowners for sequestering carbon and information for traders and others who will need to verify the sequestration. It will provide invaluable direction to farmers, foresters, land managers, consultants, brokers, investors, regulators, and others interested in creating consistent, credible greenhouse gas offsets as a tradable commodity in the United States.
The guide contains a non-technical section detailing methodologies for scoping of the costs and benefits of a proposed project, quantifying offsets of various sorts under a range of situations and conditions, and verifying and registering the offsets. The technical section provides specific information for quantifying, verifying, and regulating offsets from agricultural and forestry practices.
Visit the Nicholas Institute for Environmental Policy Solutions website for audio from the press conference announcing the book.
Read the press release announcing the book.
Posted July 22, 2009
An encouraging read which looks at a growing economy. Only the limited information on other rigourous markets such as the UN's CDM is to fault. Forests are also considered a poisoned chalice when it comes to the green economy due to early poor use as carbon offsets.
Ben, Director, www.clear-offset.com