Accounting for terrestrial and marine carbon sink enhancement
Paschen, M.; Meier, F.; Rickels, W. (2021). Accounting for terrestrial and marine carbon sink enhancement. Kiel Working Paper, 2204. Kiel Institute for the World Economy: Kiel. 26 pp.
Part of: Kiel Working Paper. Kiel Institute for the World Economy: Kiel. ISSN 1862-1155; e-ISSN 0342-0787, more
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| Keyword |
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| Author keywords |
Carbon Dioxide Removal, Temporary Carbon Storage, Carbon Sinks, Carbon Accounting |
| Authors | | Top |
- Paschen, M.
- Meier, F.
- Rickels, W.
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| Abstract |
Any integration of extra carbon dioxide removal (CDR) via terrestrial or marine sink enhancement into climate policies requires accounting for their effectiveness in reducing atmospheric carbon concentration and translating this information into the amount of carbon credits (to be used in official and voluntary emission trading schemes). Here, we assess accounting schemes in their appropriateness of assigning carbon credits. We discuss the role of temporary carbon storage and present the various accounting methods for carbon credit assignment. We explain how we have implemented the methods numerically and analyse carbon assignments across the different accounting schemes, using stylized, model-based ocean sink enhancement experiments. |
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