The suggestion in headlines like the one below that carbon credits don't reduce emissions (from an article in the Wall Street Journal* article) just serves to doubt the good work that credit programs can achieve. Yes, it's possible that a small voluntary carbon tax (which is currently carbon credits) is unlikely to significantly alter the actions of major emitters. This is especially true in light of the profits made from producing carbon emissions from fossil fuels. It's possible that using cheaper renewable energy sources will eventually be more effective than the tax on carbon emissions. The current emissions are a major issue. But carbon credits are essential. We need to move beyond the income Statement to focus on the Balance Sheet. Particularly, our Long Term carbon Debt. If Planet Earth was to keep the Balance sheet, it would list our basic needs in the Asset column along with our long-term debt entries our greenhouse gas emissions that we have accrued and our alarming levels of soil organic carbon loss due to our agricultural land and the astronomical levels of degradation in mangrove forests in the coastal zone Anyone who reads this report will realize that our current problems are not the result of one year's worth of emissions. This is the reason I believe any headline that mentions carbon offsets or emission losses is a lie. The problems with climate change that we are experiencing are not caused by carbon dioxide emissions. These issues have been plaguing us for a long time. of poor farming practices, rampant deforestation, mangrove removal and pollution, and a host of other crimes. How extensive is the damage? 50 to 65percent of the mangrove forests in the world have disappeared or been severely degraded. Farmlands in many parts around the globe have lost as much as 80% of their soil organic carbon to the point at which food security is in danger. This is the reason it's essential to shift our focus away from the triple-bottom line, and instead focus on the accrued credit on the balance sheet. Carbon credits are seen as a "balance sheet item for adjustment" that relates to the total debt and is not only a tax on current emissions. A(carbon) credit that could be used to decrease the (carbon) debt. How can we reduce the amount of debt we owe? The answer is simple. Let's look at an instance. CarbonNation has a CarbonNation blue fund. It aims to save and restore mangroves. For mangroves to be sustainable, forests require substantial funds. A 15,000-hectare mangrove that must be replanted will cost between USD2,500-USD4,500 per ha. The investment is combined with three years of meticulous cultivation within the local community. To decrease the amount of phosphorus and nitrogen waste generated, the nearby fishing grounds on the shore should be outfitted with effective algae-based filtering systems. This will ensure better quality produce. When you reach the end of this time as the forest matures and the algae plants come online carbon credits are generated, which can be used to repay the principal and the investment's return to investors, as well as the community - who also are the main beneficiaries of the first stage of investment. The upside is more than only financial rewards. A higher mangrove cover will yield more fish which is a significant source of income for coastal communities in many cases. A higher density of mangroves means better protection against erosion at the coastline as well as rising sea levels. Mangroves are 50 times more efficient in carbon sequestration than low density forests, something that almost everyone has heard of. Yes, machines that pull carbon from the atmosphere and then store it in the ground look futuristic. But mangroves do this for thousands of years and supply us with food. The fund has secured significant funding and other partners for its initiatives. However, you are still welcome to connect with additional partners. *This article is very thorough, well-researched, and I have a problem with its headline. Based on the article's text I believe that it may have been modified Go here or edited by the editor, rather than by the journalist.
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The notion that carbon credits won’t reduce emissions, as implied by headlines such as that below (from an article in the Wall Street Journal article*) will only serve to diminish the good work that carbon credit programs accomplish. Yes, it is the case that carbon credits aren't likely to have an impact on the behavior and emissions of the largest emitters. This is particularly true in comparison to the profits generated from the manufacture of fossil fuels. It's likely that using less expensive renewable energy sources will eventually result in greater impact than the tax on carbon emissions. Emissions today are a problem. However, to fully appreciate the importance and significance carbon credits it is crucial to look beyond the income Statement. Instead it is better to look at the Balance Sheet. Our long-term carbon debt. If Planet Earth had a Balance Sheet, and we were able to list in the Asset column our essential needs (physical security, food supply etc.) and also in our long Team debit entries, our accrued greenhouse gas emissions, the extreme soil organic carbon depletion from farms and the alarming levels of destruction to our most efficient carbon storage area Mangrove forests on the coast and the Mangrove forests of the coast, it will become apparent that our current predicament is not the result of just one year of emissions. Insolvency is in the cards in the event that Planet Earth had a balance book. That's why I think any headline that mentions carbon offsets or emission losses is false. The issues with climate change we see are not the result of carbon dioxide emissions. They have been affecting us for a long time. Poor farming practices, widespread deforestation, mangrove destruction , and pollution are just a few of the many sins that contribute to climate change. How extensive is the damage? About half to 65 percent of the mangrove forests around the globe are gone or have been drastically diminished. Many areas of the world's agriculture have lost more than 80% of their soil carbon, which has led to the security of food being at risk. This is why it is important to shift our focus from the triple-bottom line to the credit that is accrued on the balance sheet. Think of carbon credits as a "balancesheet adjustment item" for the total debt. They aren't just an emission tax for today's climate. A (carbon) credit that could aid in reducing (carbon) debt. How can we reduce the amount of debt? It's not difficult to figure out the right answer. Here's an example. Within the CarbonNation family of funds, we have created a CarbonNation Blue fund which seeks to do one very simple but extremely effective thing to restore and protect mangroves. Mangrove forests require substantial funds to be able to grow. For instance the 15,000-hectare mangrove that must be planted could require between USD2,500 to US4,500 per hectare. It also requires three years of meticulous cultivation by local communities. In addition, the nearby onshore fisheries require to be supplied with better algae-based filters so that the nitrogen as well as waste phosphorus produced can be eliminated and the quality of the produce can be improved. As the forest grows older and plants begin to emerge, carbon credits are generated. Carbon credits are used to repay principal, plus a return on investment to investors. The benefits are more than simply financial gains. Mangroves can provide a larger quantity of fish habitat and, consequently, there's more money to be earned. Many coastal communities rely on the mangroves for their livelihood. A higher density of mangroves will provide better protection against coastal erosion and increasing sea levels. Mangroves are able to store carbon at fifty times that of forests with low density, as most people know. While the machines that remove carbon from the atmosphere and store it underground seem like they're from the future Mangroves have been doing the same since the beginning of time. They also provide food to us in the same way. The fund has been able to secure substantial funding and other partnership agreements, more Helpful site partners are encouraged to reach out to the fund. This article is well written and thoroughly researched. My problem is its headline which is false and misleading. It is based on the article text and may be altered or modified by the editor. The assertion in headlines, such as the one Click here for info shown below, that carbon credits won’t cut emissions (from a Wall Street Journal* article) just serves to doubt the great work credit programs can achieve. Yes, it's possible that a modest, voluntary carbon tax (which is currently carbon credits) is unlikely to significantly alter the behavior large emitters. This is particularly true when you consider the profits made from producing carbon dioxide or fossil fuels. It is more likely that the less costly renewables are more likely to have an impact on our dependence on fossil fuels than taxing them. The current emissions problem is a serious one. However, to fully appreciate the value of carbon credits, we need to stop looking at income statements and instead look at the balance sheet. Our Long Term Carbon Debt. If Planet Earth had to maintain the Balancesheet, we listed as an asset in the Asset columns, our most basic needs such as physical security, food security and water availability. In our Long Team debt entries the accumulation of greenhouse gas as well as the massive quantity of organic matter in soil loss from our farms, as well as the shocking amounts of degradation to our most effective carbon storage sites - our coastal mangrove trees It will soon become apparent that our current situation has nothing to do with a single season's emissions. This is the reason I believe any headline that mentions offsets for carbon and loss of emission is false. The issues with climate change that we face aren't the result of carbon emissions. These issues have been plaguing us for years. of poor farming practices, rampant deforestation and mangrove removal pollution, and a host of other sins. How much damage has been caused? Half to 65 percent of the mangrove forests in the world have disappeared or been significantly degraded. Many farmlands around the globe have lost up to 80 percent of their organic matter from soil, to the point that food security is in danger. This is why it is important to shift our perspective from "triple-bottom-line" to the accrued debt on the balance sheet. Carbon credits are thought of as an "balance sheet item for adjustment" which is related to the total debt, not simply a tax on the current emissions. A (carbon credit) that can be used to lower (carbon), debt. How can we cut down our credit? The solutions are quite simple - here's an illustration. CarbonNation The BLUE fund is an CarbonNation fund. The fund's focus is one easy, yet effective thing: to restore and protect mangroves. In order to scale up these mangrove forests, they require massive funds. A forest of 15,000 hectares must be planted and this investment will take between USD2,500 to USD4,500 for each hectare. This is in addition to three years of diligent cultivation and the support of local communities. Additionally, onshore fisheries in the vicinity require to be supplied with more efficient algae-based filtering solutions to ensure that the nitrogen and waste phosphorus produced can be removed and the quality of the food can be improved. When this time period is finished after which carbon credits are generated. Carbon credits can be used to repay of principal , as well as a return of the investment to investors. This is also true for the community, who are also principal beneficiaries of the investment at the beginning. The benefit is not only financial rewards. The mangrove canopy is growing, leading to increased fish. Mangroves are a breeding ground for fish and it provides a source of income that is vital for numerous coastal communities. A higher density of mangroves means better protection against erosion at the coastline as well as rising sea levels. Everyone knows, mangroves provide the same carbon sequestration rates than low density trees. While carbon extraction machines from the air and underground storage facilities are futuristic, mangroves have been doing this for thousands of years and years and still supply our bodies with food. Fund has secured substantial funding and other partnerships to support these efforts. But, partners are always welcome to contact the fund. *This article is actually very researched and well-written. My problem is the negative and somewhat misleading tone of the headline which, in light of the content of the article, I suspect may have been added or modified by the editor, rather than the journalist. |
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