Recent Efforts in US Climate Policy: Implications for Forestry and Agriculture. Lydia Olander Senior Associate Director Nicholas Institute, Duke University 5 th Forest and Agriculture Greenhouse Gas Modeling Forum April 2009. State and Regional Initiatives. US Cap-and-Trade Policy.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Senior Associate Director
Nicholas Institute, Duke University
5th Forest and Agriculture Greenhouse Gas Modeling Forum April 2009
Annex 1 targets
Developing country participation
US CriticalConference of the Parties
Under a mandatory policy the term offsetdescribes a reduction in emissions or increase in sequestration of GHGs produced by an entity outside of a compliance cap that is used by a capped entity to offset its emissions.
Project-based offset system
Allows maximum 2 billion tons, split evenly between domestic and international offsets
Credits 4 tons for every 5 submitted
Integrity Advisory Board & Administrator
Additionality: legal, 2009, common practice
Performance Std Baselines
Impermanence coverage (buffers or insurance)
Adjustments for uncertainty (discounts)
Adjustments for leakage (discounts)
Early credits _ State programs (CCAR/RGGI)
UNFCCC (CDM) offsets
Reduced Deforestation offsets
Reduced Deforestation supplemental
Meaningful participation by developing countries Forestry and Agriculture
Meyer-Mediera, et al. 2009. Data from 2000
USDA authorized to facilitate private sector markets for ecosystem services
(b) Establishment- The Secretary shall establish guidelines under subsection (a) for use in developing the following:
`(1) A procedure to measure environmental services benefits.
`(2) A protocol to report environmental services benefits.
`(3) A registry to collect, record and maintain the benefits measured.
A new Office of Ecosystem Services and Markets
Based on historic emissions from deforestation
Estimating future risk of deforestation (based on stock)
Figure from: Murray, Olander, and Lawlor. 2008. A Core Participation Requirement for Creation of a REDD market. Nicholas Institute Policy Brief
Griscom Forestry and Agriculture et al. 2008 Implications of REDD baseline methods for different country circumstances during an initial performance periodBaseline approaches
Overview of key components of seven protocols. Carbon pools include:
■ – Live Tree; ■ – Belowground; ■ – Dead Tree; ■ – Litter; ■ – Soil; ■ – Wood Products.
Optional pools are denoted with an asterisk.
Carbon in allowable pools
COP 14 _ Catch 22 Forestry and Agriculture
SBSTA: Subsidiary Body for Science and Tech Advice
Can’t recommend methodologies
for measuring, monitoring,
baselines …until they know the
Can’t develop policy scope
until they better understand