16 Extracted Materials Headings
E - Offset Criteria
Headings for Organizing Ideas
E - Offset Baselines
2017 Types of offset credits in California’s cap and trade program
Why projects fail Compensate’s criteria
Abstract
Additional attributes should include vintage, project type, co-benefits, location, etc.
Additionality criteria under California's forestry offset protocol
Additionality involves balancing California's climate policy goals
Additionality is treated as a pass/fail variable
CCPs should be hosted and updated by an independent 3rd party organization
Compensate has evaluated over 100 projects, 91% have failed the evaluation
Compensate scores projects and then deducts for uncertainty
Compensate’s approach to evaluating projects
Compensate’s offset portfolio
Financial additionality and Policy additionality
Permanence
Projects with a score of 50 out of 100 qualify for the portfolio
Role of REDD+ projects remains uncertain given national accounting and nesting issues
Should include buffer provisions relating to permanence and leakage
The permanence requirements of California's protocol may encourage lower additionality
Voluntary offset markets are in big trouble
Will CDM projects and credits count under CCPs?
Will need to decide whether to limit credits to certain "vintages"
Identifying the optimal level of effectiveness requires understanding the tradeoffs
LIABILITY :: Permanent direct liability of buyer or seller will
Permanence
Quantifiability, Permanence, MRV
This risk is fundamentally different in REDD compared to A/R