Working paper on the numerical modelling framework to compare different accounting schemes | Zendy

Marius Paschen | Zendy; Felix Meier | Zendy; Wilfried Rickels | Zendy

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Working paper on the numerical modelling framework to compare different accounting schemes

Author(s) -

Marius Paschen,

Felix Meier,

Wilfried Rickels

Publication year - 2021

Language(s) - English

Resource type - Reports

DOI - 10.3289/oceannets_d1.1

Subject(s) - stylized fact , carbon accounting , carbon sink , carbon fibers , environmental economics , greenhouse gas , carbon credit , environmental science , carbon sequestration , accounting , climate change , computer science , sink (geography) , emissions trading , carbon dioxide , econometrics , business , economics , oceanography , ecology , algorithm , geography , geology , composite number , macroeconomics , cartography , biology

Any integration of extra carbon dioxide removal (CDR) via terrestrial or marine sink enhancement into climate policies requires accounting for their effectiveness in reducing atmospheric carbon concentration and translating this information into the amount of carbon credits (to be used in official and voluntary emission trading schemes). Here, we assess accounting schemes in their appropriateness of assigning carbon credits. We discuss the role of temporary carbon storage and present the various ccounting methods for carbon credit assignment. We explain how we have implemented the methods numerically and analyse carbon assignments across the different accounting schemes, using stylized, model-based ocean sink enhancement experiments.

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