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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