Practical Issues Concerning Temporary Carbon Credits in the CDM

16 Pages Posted: 10 Sep 2003

Date Written: 2003

Abstract

Afforestation and reforestation (AR) projects in the Clean Development Mechanism are able to create emission permits that can be accounted against the industrialized countries' commitments for limiting their greenhouse gas emissions, as agreed under the Kyoto Protocol. The discussion of how to treat credits from temporary carbon stocks is centering on the proposal for expiring emission credits from AR, which in the subsequent commitment period need to be replaced. While the basic methodological question is thus being solved, the practicalities arising from the solution have so far not been considered. The authors make new proposals on accounting modalities, define the tCER value as compared to a permanent CER, and forecast who will be the potential buyers for temporary offsets.

Keywords: Clean Development Mechanism, Forestry

JEL Classification: Q23, Q25, Q13

Suggested Citation

Dutschke, Michael and Schlamadinger, Bernhard, Practical Issues Concerning Temporary Carbon Credits in the CDM (2003). HWWA Discussion Paper No. 227 . Available at SSRN: https://ssrn.com/abstract=413340 or http://dx.doi.org/10.2139/ssrn.413340

Michael Dutschke

biocarbon economics Ltd. ( email )

CKR House, 70 East Hill
Dartford / Kent, Middlesex DA1 1RZ
United Kingdom
+447774447686 (Phone)

HOME PAGE: http://biocarbon.net

Bernhard Schlamadinger (Contact Author)

Joanneum Research ( email )

8010 Graz
Austria

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