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Carbon Offsets TOC
I - BusinessOffsetStrategies
I - CarbonInsetAccounting
I - CarbonNeutrality
I - CarbonOffsetAlternatives
I - CarbonOffsetCritiques
I - CarbonOffsetPrices
I - CarbonOffsetsasGreenwishing
I - CarbonOffsetsinCorporateBranding
I - CarbonOffsetsinPolicy
I - CarbonOffsetSupply
I - CarbonOffsetTypes
I - CommonAdditionalityDetours
I - EnvironmentalAdditionality
I - EnvironmentalIntegrity
I - EvaluatingCarbonOffsets
I - EvaluatingOffsetAdditionality
I - FinancialAdditionality
I - KeyOffsetPrinciples
I - MarketMechanisms (Deep Dive)
I - OffsetAdditionality
I - OffsetCobenefits
I - OffsetDesign
I - OffsetIntegrity
I - OffsetMarkets
I - OffsetPricing
I - OffsetProjects
I - OffsetProtocols
I - OffsetProviders
I - Offsets
I - OffsetScoringvsTesting
I - OffsetStandards
I - OffsettingEvents
I - RegulatoryAdditionality
I - RemovalsvsReductions
I - ScoringCarbonOffsets
I - Type1vsType2ErrorinAdditionalityTesting
I - VoluntaryOffsetMarkets
S - Carbon Offset Sources (General)
S - Additionality of Offsets
S - Business Use of Offsets
S - Carbon Markets
S - Carbon Neutrality
S - CDM Clean Development Mechanism
S - Compliance Offset Markets
S - Evaluating the CDM
S - Forestry Offsets
S - Offset Design
S - Offset Evaluations/Critiques
S - Offset Guides
S - Offset Leakage
S - Offset Permanence
S - Offset Projects
S - Offset Standards
S - Offset Strategies
S - Offset Supplies and Costs
S - Offset Types
S - Offsets as Aviation Mitigation Strategy
S - Offsets in Policy
S - REDD and REDD+
S - Sector-Based Offsets
S - The Offsets Business
S - Voluntary Carbon Offset Markets
N - Carbon Offsets News and Opinion
N - Aviation Offsets
N - Carbon Markets
N - Carbon Neutrality
N - Carbon Offset Critiques
N - Carbon Offset Defenses
N - Carbon Offsets Round 2
N - Corporate Offset Commitments
N - Evaluating Carbon Offsets
N - Green Power Purchasing
N - Keystone pipeline and offsets
N - Land Use Offsets
N - Pitching Carbon Offsets
N - REDD and REDD+
N - The Business of Offsets
N - Using Carbon Offsets
N - Voluntary RECs as Offsets
T - Carbon Offset Networks
T - Carbon Offset Providers
T - Offset Individuals
T - Offset Projects
T - Offset Protocols
T - Offset Standards
V - Carbon Trading and Offsets
V - Market mechanisms
E - Additionality Under the Paris Agreement
E - Carbon Neutrality
E - Evaluating Carbon Offsets
E - Land Use Based Offsets
E - Offset Criteria
E - Offset Critiques
E - Offset Standard Effectiveness
E - Voluntary Offsets and Markets
E - Voluntary RECs
E - Carbon Offset Knowledgebase
2021 Infographic - Achieving net zero - A summary of evidence behind potential carbon offsets
200X Infographic - Understanding carbon offsets
Infographic: Carbon Certificates and Why They Matter
E - Carbon Neutrality
E - Evaluating Carbon Offsets
E - Land Use Based Offsets
E - Offset Criteria
E - Offset Critiques
E - Offset Leakage
E - Offset Permanence
E - Offset Prices
E - Offset Scoring
E - Offset Standard Effectiveness
E - UNFCCC Article 6 and ITMOs Offsets
E - Voluntary Offsets and Markets
200X Carbon offsets
necessary but not sufficient (cartoon #4)
Offsets as Toilet Paper
# of projects and credits issued
2008 Economic mitigation potential by sector in 2030
2008 GHG emissions by uncapped sectors in U.S. 2006
2008 Offset scenarios under U.S. Climate Security Act
2008 Projected allowance prices for S 2191 based on alternative offset assumptions
2008 U.S. forestry and agriculture mitigation potentials
2009 Tyco Joins Climate Resolve
2010 What countries are offsets coming from?
2010 What sectors are offsets coming from?
2011 Impacts on offset use on EU emissions trajectory and low carbon opportunities
2012 Forgive me for I have SUV'd
2013 Abatement achieved by policy instruments applied in road transport sector
2013 How a Travel Offset Works
2015 14% of CDP reporters companies use offsets in some way
2015 Compliance vs. voluntary offset buyers
2015 Compliance vs. voluntary offset buyers
2015 Compliance vs. voluntary offsets by region
2015 Estimated Scope 3 emissions based on CDP reports
2015 Offset buyers appear to have more comprehensive carbon strategies generally
2015 The relative economics of offsets
2015 Types of offsets bought
2016 Carbon markets with an offset component
2016 Customer offsetting programs by air carrier as of 2016
2016 Diagramming a compliance offset
2016 Not surprisingly, offset purchasers more active in other emissions reductions
2016 Offset project types in which airlines are investing by carrier
2016 Offsetting initiatives by air carrier as of 2016
2016 Per passenger forecasted cost
2017 Bringing AB32 offsets down to the county level
2017 How are offsets created?
2017 Impact of offset provisions on allowance prices post-2020
2017 Implications of reducing offset use
2017 Linkage of offset systems CA Ontario Quebec
2017 Offset protocols available in CA Ontario Quebec
2017 Offsets issues under AB32
2017 Ranking different types of offset projects
2017 Secondary allowance market activity in CA
2018 Baselines based on BAU scenarios and historical emissions
2018 Main strategies to address different types of double-counting
2018 Overview of approaches to address the risk of non-permanence
2018 Possible arrangements to avoid double claiming between the UNFCCC and ICAO
2020 1.5oC Pathway Emissions
2020 An illustrative buyer journey
2020 An illustrative supplier journey
2020 Contract options for the voluntary carbon market
2020 Current differences in corporate claims
2020 Decarbonization requirements by sector
2020 Defining CCPs and Attributes
2020 Example digital project cycle
2020 Existing initiatives should be amplified
2020 Illustrative offset supply scenario for 2030
2020 Key recommended actions along the value chain
2020 Life Cycle of a Carbon Credit
2020 Major Pain Points of VCM
2020 Market integrity concerns across the VCM value chain
2020 Obstacles to offset market maturity
2020 Offsets aligned with net zero strategy
2020 Project types selected for detailed (supply) analysis
2020 Recent growth in voluntary carbon markets
2020 Recommended meta-registry architecture
2020 Reference contract success requires adoption
2020 Sample Carbon Credit Projects
2020 Sample core carbon principles
2020 Taxonomy of carbon offsets
2020 The challenge of a single core contract
2020 The core contract solution
2020 The example of reference contract for the Nordic power market
2020 Three NGFS climate scenarios
2020 Trade infrastructure design
2020 Voluntary carbon credit demand outlook
2020 Voluntary market evolution and timeframe
2021 Combining ETS and offsets
2021 Development benefits in some existing carbon credit systems
2021 Over-crediting annual variation through zeroing negative abatement
A carbon offset chronology
An offset under a cap and trade (1)
An offset under a cap and trade (2)
Carbon offsets are a popular but contentious climate change mitigation tool
200X Developing carbon offset projects
200X For the CDM
Graphic: Cost to offset return economy flight from London to New York
200X How carbon neutrality works
200X Missing the offset point
200X My conscience is clear
Number of offsets sold has doubled in past two years
Offset due diligence in voluntary vs. regulatory markets
200X Offsets Deed
Programs generating domestic or international offsets
Project types and sectors across offset programs
200X The virtuous offset cycle
Voluntary programs generating offsets for potential compliance and voluntary use
200X What are the key carbon offset terms and concepts?
What is a carbon offset?
1. Cut emissions, use high quality offsets, and regularly revised offsetting strategy as best practice evolves
2. Shift to carbon removal offsetting
3. Shift to long-lived storage
4. Support the development of net zero aligned offsetting
Andrea Bonzanni, IETA: “There are different views on where the market will head to, and this is normal...The Glasgow deal “is a starting point for the private sector to keep delivering high-quality credits and functioning market.”
Andrea Bonzanni, IETA’s international policy director, believes it will still be possible for a company to issue credits claiming emission cuts without authorization.
Henrik Hasselknippe: “Markets can handle multiple standards...That’s something that we see in many markets.”
Lambert Schneider, research coordinator on international carbon policy at the Oeko-Institut: “The voluntary market is really booming, but at the same time you have this integrity problem.” Although the COP26 agreement doesn’t directly affect voluntary markets, its rules may “spill over into the system, setting the bar higher.”
Ocean Sequestration and Carbon Offset
Offsets should be additional
Offsets should be permanent
Offsets should not have unintentional consequences
Poorer countries could benefit financially from more transparent offset trading.
The first offset goes back to AES in 1989
Verifying offsets ensures that the reduction or removal actually takes place
Why does it matter that "carbon" is a policy commodity?
Why not all offsets are created equal?
Offsets have been criticized throughout their history
The basic idea behind carbon offsets
Headings - Extracted Materials
E - Offset Criteria
Extracted Graphics | Extracted Ideas
E - Offset Additionality
E - Offset Baselines
E - Principles for Designing Offset Policy
2017 Types of offset credits in California’s cap and trade program
Why projects fail Compensate’s criteria
Additional attributes should include vintage, project type, co-benefits, location, etc.
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
LIABILITY :: Permanent direct liability of buyer or seller will
Permanence
Permanence
Projects with a score of 50 out of 100 qualify for the portfolio
Quantifiability, Permanence, MRV
Role of REDD+ projects remains uncertain given national accounting and nesting issues
Should include buffer provisions relating to permanence and leakage
This risk is fundamentally different in REDD compared to A/R
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"
Carbon Offsets TOC
I - BusinessOffsetStrategies
I - CarbonInsetAccounting
I - CarbonNeutrality
I - CarbonOffsetAlternatives
I - CarbonOffsetCritiques
I - CarbonOffsetPrices
I - CarbonOffsetsasGreenwishing
I - CarbonOffsetsinCorporateBranding
I - CarbonOffsetsinPolicy
I - CarbonOffsetSupply
I - CarbonOffsetTypes
I - CommonAdditionalityDetours
I - EnvironmentalAdditionality
I - EnvironmentalIntegrity
I - EvaluatingCarbonOffsets
I - EvaluatingOffsetAdditionality
I - FinancialAdditionality
I - KeyOffsetPrinciples
I - MarketMechanisms (Deep Dive)
I - OffsetAdditionality
I - OffsetCobenefits
I - OffsetDesign
I - OffsetIntegrity
I - OffsetMarkets
I - OffsetPricing
I - OffsetProjects
I - OffsetProtocols
I - OffsetProviders
I - Offsets
I - OffsetScoringvsTesting
I - OffsetStandards
I - OffsettingEvents
I - RegulatoryAdditionality
I - RemovalsvsReductions
I - ScoringCarbonOffsets
I - Type1vsType2ErrorinAdditionalityTesting
I - VoluntaryOffsetMarkets
S - Carbon Offset Sources (General)
S - Additionality of Offsets
S - Business Use of Offsets
S - Carbon Markets
S - Carbon Neutrality
S - CDM Clean Development Mechanism
S - Compliance Offset Markets
S - Evaluating the CDM
S - Forestry Offsets
S - Offset Design
S - Offset Evaluations/Critiques
S - Offset Guides
S - Offset Leakage
S - Offset Permanence
S - Offset Projects
S - Offset Standards
S - Offset Strategies
S - Offset Supplies and Costs
S - Offset Types
S - Offsets as Aviation Mitigation Strategy
S - Offsets in Policy
S - REDD and REDD+
S - Sector-Based Offsets
S - The Offsets Business
S - Voluntary Carbon Offset Markets
N - Carbon Offsets News and Opinion
N - Aviation Offsets
N - Carbon Markets
N - Carbon Neutrality
N - Carbon Offset Critiques
N - Carbon Offset Defenses
N - Carbon Offsets Round 2
N - Corporate Offset Commitments
N - Evaluating Carbon Offsets
N - Green Power Purchasing
N - Keystone pipeline and offsets
N - Land Use Offsets
N - Pitching Carbon Offsets
N - REDD and REDD+
N - The Business of Offsets
N - Using Carbon Offsets
N - Voluntary RECs as Offsets
T - Carbon Offset Networks
T - Carbon Offset Providers
T - Offset Individuals
T - Offset Projects
T - Offset Protocols
T - Offset Standards
V - Carbon Trading and Offsets
V - Market mechanisms
E - Additionality Under the Paris Agreement
E - Carbon Neutrality
E - Evaluating Carbon Offsets
E - Land Use Based Offsets
E - Offset Criteria
E - Offset Critiques
E - Offset Standard Effectiveness
E - Voluntary Offsets and Markets
E - Voluntary RECs
E - Carbon Offset Knowledgebase
2021 Infographic - Achieving net zero - A summary of evidence behind potential carbon offsets
200X Infographic - Understanding carbon offsets
Infographic: Carbon Certificates and Why They Matter
E - Carbon Neutrality
E - Evaluating Carbon Offsets
E - Land Use Based Offsets
E - Offset Criteria
E - Offset Critiques
E - Offset Leakage
E - Offset Permanence
E - Offset Prices
E - Offset Scoring
E - Offset Standard Effectiveness
E - UNFCCC Article 6 and ITMOs Offsets
E - Voluntary Offsets and Markets
200X Carbon offsets
necessary but not sufficient (cartoon #4)
Offsets as Toilet Paper
# of projects and credits issued
2008 Economic mitigation potential by sector in 2030
2008 GHG emissions by uncapped sectors in U.S. 2006
2008 Offset scenarios under U.S. Climate Security Act
2008 Projected allowance prices for S 2191 based on alternative offset assumptions
2008 U.S. forestry and agriculture mitigation potentials
2009 Tyco Joins Climate Resolve
2010 What countries are offsets coming from?
2010 What sectors are offsets coming from?
2011 Impacts on offset use on EU emissions trajectory and low carbon opportunities
2012 Forgive me for I have SUV'd
2013 Abatement achieved by policy instruments applied in road transport sector
2013 How a Travel Offset Works
2015 14% of CDP reporters companies use offsets in some way
2015 Compliance vs. voluntary offset buyers
2015 Compliance vs. voluntary offset buyers
2015 Compliance vs. voluntary offsets by region
2015 Estimated Scope 3 emissions based on CDP reports
2015 Offset buyers appear to have more comprehensive carbon strategies generally
2015 The relative economics of offsets
2015 Types of offsets bought
2016 Carbon markets with an offset component
2016 Customer offsetting programs by air carrier as of 2016
2016 Diagramming a compliance offset
2016 Not surprisingly, offset purchasers more active in other emissions reductions
2016 Offset project types in which airlines are investing by carrier
2016 Offsetting initiatives by air carrier as of 2016
2016 Per passenger forecasted cost
2017 Bringing AB32 offsets down to the county level
2017 How are offsets created?
2017 Impact of offset provisions on allowance prices post-2020
2017 Implications of reducing offset use
2017 Linkage of offset systems CA Ontario Quebec
2017 Offset protocols available in CA Ontario Quebec
2017 Offsets issues under AB32
2017 Ranking different types of offset projects
2017 Secondary allowance market activity in CA
2018 Baselines based on BAU scenarios and historical emissions
2018 Main strategies to address different types of double-counting
2018 Overview of approaches to address the risk of non-permanence
2018 Possible arrangements to avoid double claiming between the UNFCCC and ICAO
2020 1.5oC Pathway Emissions
2020 An illustrative buyer journey
2020 An illustrative supplier journey
2020 Contract options for the voluntary carbon market
2020 Current differences in corporate claims
2020 Decarbonization requirements by sector
2020 Defining CCPs and Attributes
2020 Example digital project cycle
2020 Existing initiatives should be amplified
2020 Illustrative offset supply scenario for 2030
2020 Key recommended actions along the value chain
2020 Life Cycle of a Carbon Credit
2020 Major Pain Points of VCM
2020 Market integrity concerns across the VCM value chain
2020 Obstacles to offset market maturity
2020 Offsets aligned with net zero strategy
2020 Project types selected for detailed (supply) analysis
2020 Recent growth in voluntary carbon markets
2020 Recommended meta-registry architecture
2020 Reference contract success requires adoption
2020 Sample Carbon Credit Projects
2020 Sample core carbon principles
2020 Taxonomy of carbon offsets
2020 The challenge of a single core contract
2020 The core contract solution
2020 The example of reference contract for the Nordic power market
2020 Three NGFS climate scenarios
2020 Trade infrastructure design
2020 Voluntary carbon credit demand outlook
2020 Voluntary market evolution and timeframe
2021 Combining ETS and offsets
2021 Development benefits in some existing carbon credit systems
2021 Over-crediting annual variation through zeroing negative abatement
A carbon offset chronology
An offset under a cap and trade (1)
An offset under a cap and trade (2)
Carbon offsets are a popular but contentious climate change mitigation tool
200X Developing carbon offset projects
200X For the CDM
Graphic: Cost to offset return economy flight from London to New York
200X How carbon neutrality works
200X Missing the offset point
200X My conscience is clear
Number of offsets sold has doubled in past two years
Offset due diligence in voluntary vs. regulatory markets
200X Offsets Deed
Programs generating domestic or international offsets
Project types and sectors across offset programs
200X The virtuous offset cycle
Voluntary programs generating offsets for potential compliance and voluntary use
200X What are the key carbon offset terms and concepts?
What is a carbon offset?
1. Cut emissions, use high quality offsets, and regularly revised offsetting strategy as best practice evolves
2. Shift to carbon removal offsetting
3. Shift to long-lived storage
4. Support the development of net zero aligned offsetting
Andrea Bonzanni, IETA: “There are different views on where the market will head to, and this is normal...The Glasgow deal “is a starting point for the private sector to keep delivering high-quality credits and functioning market.”
Andrea Bonzanni, IETA’s international policy director, believes it will still be possible for a company to issue credits claiming emission cuts without authorization.
Henrik Hasselknippe: “Markets can handle multiple standards...That’s something that we see in many markets.”
Lambert Schneider, research coordinator on international carbon policy at the Oeko-Institut: “The voluntary market is really booming, but at the same time you have this integrity problem.” Although the COP26 agreement doesn’t directly affect voluntary markets, its rules may “spill over into the system, setting the bar higher.”
Ocean Sequestration and Carbon Offset
Offsets should be additional
Offsets should be permanent
Offsets should not have unintentional consequences
Poorer countries could benefit financially from more transparent offset trading.
The first offset goes back to AES in 1989
Verifying offsets ensures that the reduction or removal actually takes place
Why does it matter that "carbon" is a policy commodity?
Why not all offsets are created equal?
Offsets have been criticized throughout their history
The basic idea behind carbon offsets