Jun 14 2007
GHG offset guide
ES&T Policy News, June 13th, reported on a greenhouse gas mitigation guide published by Duke University and Environmental Defense. The guide provides case studies of projects that sequester CO2 (e.g no-till farming, afforestation). An online preview version is available from the Nicholas Institute for Environmental Policy Solutions . The guide provides a non-technical overview of the CO2 offset market, technical information for preparing land to enter the market, and information on quantifying CO2 offset allowances for different types of planted environments.
While the Chicago Climate Exchage (CCX) does accept CO2 offets, many CO2 markets do not due to the uncertainty of CO2 uptake and the complexities of verifying that the CO2 sequestration status of the land is not affected by changes in land use. This guide helps to address and reduce some of the risk involved in sequestion credits.