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Annette Cowie NSW Department of Primary Industries Soil carbon trading:  Lessons learned from forestry
 
 
After Carlson et al 2001; data from Lal, 2008 Units are Pg C (10 15 g or Gt) Global carbon pools Assimilation Death ,[object Object],[object Object],[object Object],Vegetation 560 Fossil fuel 4130 Atmosphere 760 Ocean 38400
Biosequestration - reforestation
Biosequestration – soil OM
Sequestration potential: Guesstimates *Relative to conventional practice 18Mt  =  11% total NSW (2006)   =  100% NSW agriculture emissions Potential increase* tCO2e/ha/year Range; Average NSW total MtCO2-e/year Cropping  0  -  2  0.7 2 Pasture management –Higher rainfall 0 -1.8  0.9  8 Rangeland management  0 - 1  0.4 8
Sequestration potential: reforestation Sequestration rate  tCO 2 -e/ha/year 1.5 -2Mha reforestation required for 18Mt/yr sequestration Montagu et al Carbon Sequestration Predictor Across Australia: 657 mt CO2e from 2.25m ha,  over 40 years cf annual emissions 560 mt CO2e Hatfield-Dodds et al, 2007 Annual rainfall mm 400-600 600-800 >800 4-10 6-12 10-25
Biosequestration in soil is significant ,[object Object]
Can soil carbon trading work? ,[object Object],[object Object],[object Object],[object Object]
Forest C trading  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Participation alternatives ,[object Object],[object Object]
New South Wales, ACT GGAS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Can soil carbon trading work? ,[object Object],[object Object],[object Object],[object Object]
Benefits of soil carbon ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],↑  Soil carbon =  ↑  Soil health ↑  Resilience
 
Should landholders get credit? ,[object Object]
Can a workable scheme be designed? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Can a workable scheme be designed? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Hurdles for offsets: credibility ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Nitrous oxide ,[object Object],[object Object],[object Object]
Hurdles for offsets: permanence ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Hurdles for soil C offsets ,[object Object],[object Object],[object Object],[object Object]
Hurdles for offsets: measurement ,[object Object],[object Object]
Counting Carbon in plantations - easy! ,[object Object],[object Object],[object Object]
[object Object],[object Object]
 
Hurdles for offsets: measurement ,[object Object],[object Object]
Hurdles for offsets: measurement ,[object Object],[object Object],[object Object],[object Object],[object Object]
Hurdles for offsets: additionality ,[object Object],[object Object],[object Object],[object Object]
Hurdles for C offsets - verification ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Will it be an effective incentive? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New South Wales GGAS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
NSW Greenhouse Gas Abatement Scheme
What about risk? ,[object Object],[object Object]
‘ Factoring-Out’ ,[object Object],[object Object],[object Object]
Requirements for Soil carbon trading – lessons from forestry (1) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Requirements for Soil carbon trading – lessons from forestry (2) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Can’t wait for 2015 Mitigation needed now!

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Soil Carbon Trading: Lessons Learned From Forests

  • 1. Annette Cowie NSW Department of Primary Industries Soil carbon trading: Lessons learned from forestry
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  • 7. Sequestration potential: Guesstimates *Relative to conventional practice 18Mt = 11% total NSW (2006) = 100% NSW agriculture emissions Potential increase* tCO2e/ha/year Range; Average NSW total MtCO2-e/year Cropping 0 - 2 0.7 2 Pasture management –Higher rainfall 0 -1.8 0.9 8 Rangeland management 0 - 1 0.4 8
  • 8. Sequestration potential: reforestation Sequestration rate tCO 2 -e/ha/year 1.5 -2Mha reforestation required for 18Mt/yr sequestration Montagu et al Carbon Sequestration Predictor Across Australia: 657 mt CO2e from 2.25m ha, over 40 years cf annual emissions 560 mt CO2e Hatfield-Dodds et al, 2007 Annual rainfall mm 400-600 600-800 >800 4-10 6-12 10-25
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  • 34. NSW Greenhouse Gas Abatement Scheme
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  • 39. Can’t wait for 2015 Mitigation needed now!