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  • 标题:Carbon Sinks and Reservoirs: The Value of Permanence and Role of Discounting
  • 本地全文:下载
  • 作者:Benitez, Pablo C. ; van Kooten, G. Cornelis
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2005
  • 出版社:Journal of Agribusiness
  • 摘要:Scientists are enthusiastic about storing carbon in terrestrial sinks and geological reservoirs in order to obviate the need for lifestyle-changing reductions in fossil-fuel use. Estimating relative costs of various options depends on how permanence is assessed and whether physical carbon is discounted. We demonstrate that, in carbon markets, terrestrial sinks credits cannot be traded one-for-one for emission reduction credits and the conversion factor would depend on how long sinks keep CO2 out of the atmosphere as compared with emission reductions and, discounting physical carbon. As a result, the authority could not determine a conversion factor and the market would be required to do so.
  • 关键词:climate change;carbon offset;carbon sinks;discounting physical carbon
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