Pricing forest carbon
Pricing forest carbon and putting in place the means and channels to pay for it are necessary conditions to achieve the 2030 mitigation goals. Yet, after more than 15 years of discussion, payments for
Carbon Sequestration
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Burying biomass to fight climate change
In a recent paper in the journal Carbon Balance and Management (vol 3, p 1), Ning Zeng, an atmospheric scientist at the University of Maryland in College Park calculated that if we buried half of the wood that grows each year, in such a way that it didn't decay, enough CO2 would be removed from the atmosphere to offset all of our fossil-fuel emissions. It wouldn't be easy, but Zeng believes it could be done.
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Payments for environmental services in Costa Rica
Costa Rica pioneered the use of the payments for environmental services (PES) approach in developing countries by establishing a formal, country-wide program of payments, the PSA program. The PSA program has worked hard to develop mechanisms to charge the users of environmental services for the services they receive.
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Carbon sequestration in terrestrial biosphere : A potential CO2 mitigation measure
The Earth's climate is changing because the composition of our atmosphere is being altered, primarily as a consequence of human activity. We are now also experiencing a non-cyclical rise in the global temperature caused by the accumulation of the so-called "greenhouse gases"--carbon dioxide, methane, nitrous oxide and others.
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Decentralized payments for environmental services: The cases of Pimampiro and PROFAFOR in Ecuador
Few payment for environmental services (PES) schemes in developing countries operate outside of the central state's umbrella, and are at the same time old enough to allow for a meaningful evaluation. Ecuador has two such decentralised, consolidated experiences: the five-year old Pimampiro municipal watershed-protection scheme and the twelve-year old PROFAFOR carbon-sequestration programme.
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371,000-ha rainforest sold in Guyana
Ecosystems of the Iwokrama rainforest reserve in Guyana have been sold off. A uk -based private equity firm, Canopy Capital, has purchased the rights to environmental services generated by the
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Australia launches CCS project
Australia has launched its first carbon capture and storage (ccs) project. Touted as the deepest geological storage of CO2, the project will capture and compress about 100,000 tonnes of CO2 and
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The greening of synfuels
A few U.S. energy companies have drawn up plans for synfuels plants that would produce millions of barrels of the alternative fuel annually. The technology is gaining support from a a group of climate scientists who believe that, barrel for barrel, synfuels can emit less carbon dioxide (CO2) than oil and, at some point, even reduce the amount of carbon in the atmosphere.
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Paddy cultivation reduces global warming
paddy cultivation in India has often been associated with increasing greenhouse gas emissions. Indian scientists have now shown it is the other way round. A study says paddy sequesters organic
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Exxon airs doubts on Bass Strait carbon plan
EXXON Mobil has raised fresh concerns over Federal Government plans to establish a world-first regulated carbon capture and storage system in Australia. The oil giant operates the Bass Strait oil and gas fields, which have been targeted as eventual homes for the storage of greenhouse gases from the planned $5 billion Monash Energy coal-to-liquids project in the Latrobe Valley, a joint venture between Shell and Anglo American.
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Shell Chief Seeks Carbon Capture Subsidies
Shell Chief Seeks Carbon Capture Subsidies BELGIUM: April 8, 2008 BRUSSELS - The European Union must create rapid incentives to promote underground storage of carbon dioxide (CO2) to achieve its ambitious climate change goals, the head of oil major Royal Dutch Shell said on Monday. "Because CO2 capture and storage adds costs and yields no revenues, government action is needed to support and stimulate investment quickly on a scale large enough to affect global emissions," Shell CEO Jeroen van der Veer said in a speech prepared for delivery in Brussels.