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Definitions and mechanisms for managing durability and reversals in standards and procurers of carbon dioxide removal

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  • Arcusa, Stephanie
  • Hagood, Emily

Abstract

The study explores the definition and implementation of durable carbon storage in expanding carbon markets and Carbon Dioxide Removal (CDR) options. The study analyzes various definitions and mechanisms proposed by standard developing organizations, aiming to ensure sequestration on climate-relevant timescales while preserving collective sequestration efforts. Findings reveal diverse contractual definitions and durability mechanisms employed, but no single mechanism is suitable for all CDR methods or the goal of long-term carbon sequestration. Complications arise from including short-term sequestration and ending monitoring responsibilities that necessitate innovation and tailored combinations of existing and improved mechanisms.

Suggested Citation

  • Arcusa, Stephanie & Hagood, Emily, 2023. "Definitions and mechanisms for managing durability and reversals in standards and procurers of carbon dioxide removal," OSF Preprints 6bth5, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:6bth5
    DOI: 10.31219/osf.io/6bth5
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    References listed on IDEAS

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    2. Dutschke, Michael & Schlamadinger, Bernhard & Wong-Leung, Jenny P. & Rumberg, Michael, 2004. "Value and Risks of Expiring Carbon Credits from CDM Afforestation and Reforestation," HWWA Discussion Papers 290, Hamburg Institute of International Economics (HWWA).
    3. Arcusa, Stephanie & Lackner, Klaus, 2022. "Intergenerational equity and responsibility: a call to internalize impermanence into certifying carbon sequestration," OSF Preprints b3wkr, Center for Open Science.
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    5. Adam G. Bumpus & Diana M. Liverman, 2008. "Accumulation by Decarbonization and the Governance of Carbon Offsets," Economic Geography, Clark University, vol. 84(2), pages 127-155, April.
    6. Lisa Vanhala & Cecilie Hestbaek, 2016. "Framing Climate Change Loss and Damage in UNFCCC Negotiations," Global Environmental Politics, MIT Press, vol. 16(4), pages 111-129, November.
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