Different carbon offset techniques hold carbon out of the atmosphere for different lengths of time. The traditional view has been the longer duration of storage the better. However, the attractiveness of shorter harvest deferral contracts to landowners is putting new focus on the role temporary, short term offsets can play in global efforts to mitigate the effects of climate change.
In this webinar, Dr. Brent Sohngen (Ohio State University), Dr. Jen Balachowski (NCX), and Dr. Spencer Meyer (NCX) will discuss what temporary carbon storage can (and can't) accomplish and how it should be valued compared to long duration storage. They will also discuss how NCX uses economic concepts such as discounting and tonne-year accounting to operate its one year harvest deferral program.
NCX Learning Hub
If you like The How, What, and Why of Temporary Carbon Storage you may also enjoy:
The NCX Carbon Guide
How does the Natural Capital Exchange work? Dive into the unique program design and innovative technology that is the foundation of NCX.
Webinar: How to scale-up nature-based carbon-removal activities
In this webinar, you will learn what role technical innovations can play so that nature-based solutions realize their fullest potential?
What is Tonne-year Accounting and How it is Used
Tonne-year accounting is a method for quantifying the climate impact of a carbon project, of any length, in single-year increments.