By Colin A.G. Hunt
Reforestation and averting deforestation are equipment of harnessing nature to take on worldwide warming - the best problem dealing with humankind. during this booklet, Colin Hunt offers comprehensively with the current and destiny function of forests in weather switch coverage and perform.
The writer presents signposts for a way forward in weather swap coverage and gives sensible examples of forestry's position in weather switch mitigation in either built and tropical constructing international locations. Chapters on measuring carbon in plantations, their biodiversity merits and power for biofuel creation supplement the research. He additionally discusses the potential of forestry in weather switch coverage within the usa and different nations the place regulations to restrict greenhouse gasoline emissions were foreshadowed. the writer employs medical and socio-economic research and lays naked the complexity of forestry markets. A evaluate of the workings of carbon markets, dependent either at the Kyoto Protocol and voluntary participation, offers a origin from which to discover forestry's function. Emphasis is put on acknowledging how forests' idiosyncrasies impact the layout of markets for sequestered carbon. the conclusion of forestry's capability in constructed international locations will depend on the intensity of cuts in greenhouse gasoline emissions, including in-country principles on forestry. a rise in investment for carbon retention in tropical forests is a right away critical, yet complexities dictate that the resources of finance will probably be committed cash instead of carbon markets.
This well timed and complete booklet might be of serious price to any reader drawn to weather swap. Policy-makers inside of overseas companies and governments, teachers and scholars within the fields of geography, economics, technological know-how coverage, forestry, improvement experiences in addition to carbon industry contributors and wooded area builders within the deepest zone will locate it specifically useful.
Contents: Foreword; Preface; advent; 1. The Making of Markets for Carbon and the opportunity of Forestry Offsets; 2. Forestry within the Kyoto Protocol; three. Forestry in Voluntary Carbon Markets; four. Biodiversity merits of Reforestation and keeping off Deforestation; five. Measuring the Carbon in woodland Sinks; 6. Forests as a resource of Biofuels; 7. Forestry within the weather switch guidelines of chosen built international locations; eight. regulations for decreasing Emissions from Deforestation and woodland Degradation (REDD); Index
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Extra info for Carbon Sinks and Climate Change: Forests in the Fight Against Global Warming (Advances in Ecological Economics)
The only difference is in definition, in that A/R results in a forest, while revegetation does not. The differing methodologies make project planning more difficult. A further anomaly exists where a country may elect to report revegetation but does not choose to report devegetation (Schlamadinger, 2007b). 1 Sector Mt CO2e 1990 2008–2012 Stationary energy Transport Fugitive Industrial processes Agriculture Waste Land use, land-use change Forestry 196 62 29 25 88 18 136 0 304 88 37 38 93 15 44 221 Total 554 599 2008–2012 as % of 1990 108 Note: aProjections for 2008–2012 are made under Kyoto Protocol accounting rules.
Chapter 2 deals in detail with the mechanisms of the CDM of the Kyoto Protocol and how national schemes might link with it. 3 In-country Cap and Trade National or regional cap and trade schemes are designed to achieve the same objective as the global Kyoto Protocol, that is an emissions target at least cost. 2 THE KYOTO PROTOCOL AND FORESTRY CARBON SINKS The accounting period in which Annex I Parties to the UNFCCC that have ratified the Kyoto Protocol need to meet their emission targets, as specified in the Protocol, begins in 2008 and ends in 2012.
The authors concluded that present prices for sequestered carbon under the CDM provide an insufficient incentive to establish plantations or to halt continued forest conversion for cattle raising. 7 SUMMARY AND CONCLUSIONS The first part of the chapter illustrated how trading in emission allowances and the purchase of offsets, including forestry offsets, reduces the cost of compliance. There is also a voluntary market for forestry offsets, but these transactions do not enter official carbon balance sheets.
Carbon Sinks and Climate Change: Forests in the Fight Against Global Warming (Advances in Ecological Economics) by Colin A.G. Hunt