added initial pass at Carbon Credits focal use case (incomplete) #11
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For issue #7 |
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| ## Background | ||
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| As pressure mounts to balance the yearly global carbon budget due to increasing risk to life, property and markets due to climate related. |
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Suggest: Pressure mounts to balance the yearly global carbon budget due to increased risk to life, property and markets because of climate-related disasters/events.
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| As pressure mounts to balance the yearly global carbon budget due to increasing risk to life, property and markets due to climate related. | ||
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| Carbon accounting, markets and politics. Long lobbied by scientists and citizen groups, corporations and governments are finally taking climate related risk seriously. As voluntary and compliance markets for carbon, corporate science based reporting, emissions taxes and other mechanisms become more common, the demands for carbon accounting integrity become more challenging to meet. |
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Carbon accounting, markets and politics, long lobbied for by ...
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| Carbon accounting, markets and politics. Long lobbied by scientists and citizen groups, corporations and governments are finally taking climate related risk seriously. As voluntary and compliance markets for carbon, corporate science based reporting, emissions taxes and other mechanisms become more common, the demands for carbon accounting integrity become more challenging to meet. | ||
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| Carbon accounting and science: Carbon accounting should follow the natural carbon cycle. Emissions (respiration) and sequestration (inspiration). The global carbon budget must not simply be brought to net zero as quickly as possible, it must also achieve a carbon negative balance for some time to bring us back to pre-industrial levels if we want to guarantee conditions conducive to biosphere functioning as humans have evolved. |
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Check sense "conducive to biosphere functioning as humans have evolved."
| ## Scenario | ||
| Acme Ag and their ecosystem of farmers, processors, and logistics providers, would like to meet the ambitious goals of carbon neutrality by 2030, and even explore if providing carbon credits to industries that cannot hope to achieve carbon negative operations (such as the energy sector, could become a long term profit center. | ||
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| Acme Ag wants to be able to have accurate carbon reporting internally, as well as participate in markets to buy and sell carbon credits to ensure year over year they can meet carbon accounting goals 1st and position themselves to be a provider of carbon to the market they believe is coming, in partnership with their farmers. |
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"in partnership with their farmers." is hanging a bit.
Perhaps move to start "Acme Ag, in partnership with their farmers, wants ..."
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| > Who has the right to account for the carbon mitigation or sequestration | ||
| In some markets you must not only prove that the carbon was not emitted, but also that if you were not paid it WOULD have been emitted (I call this the carbon hostage approach to additionality). Multiple parties must be able to claim responsibility accurately and with integrity so that the right party(ies) has(ve) the right to claim the carbon. |
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| > How long will this carbon be sequestered, or stored? | ||
| In living carbon claims permanence is variable dependent on conditions such as droughts (which force emissions) rainfall (which increases sequestration) that are beyond human control, as well as activities (land use practices) which are within human control. This creates complexity. It is essential to have global carbon buffer pools to cover permanence issues from both human causes and natural caused reduction of carbon stocks. This requires some fungibility. |
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This this should be "human caused and natural caused reduction ..."
Or maybe "human and natural caused reduction..."
alwyn-ixo
approved these changes
Mar 30, 2022
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alwyn-ixo
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alwyn-ixo
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Forcing the merge - can no longer wait for comment resolution.
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