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Panel Overview: Insights from Policy & Project-Level Research

Gain insights from policy and project-level research to inform national-level modeling. Explore technical issues, such as additionality, duration, and transaction costs, that determine the sequestration achievable nationally. Discover economic and biophysical potential, market failures, and barriers.

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Panel Overview: Insights from Policy & Project-Level Research

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  1. Panel Overview:Insights from Policy & Project-Level Research Ken Andrasko U.S. Environmental Protection Agency Forestry & Agriculture Greenhouse Gas Modeling Forum 2 Shepardstown, WV, 10/8-11/02

  2. How Can Policy & Project-Level Analysis Inform National-Level Modeling? • Much of policy debate focused on sinks project-level technical issues: internationally & domestically. • Technical issues important at national level, especially in voluntary programs: • baseline setting, additionality, leakage, duration of GHG benefits, monitoring. • National programs essentially scale-up farm- or landowner-level activities. • Bundling of heterogeneous land parcels & transaction costs: • determine how much of biophysical potential is economic & can be mobilized.

  3. Technical Issues like Additionality, Duration, Transaction Costs of Bundling Will Determine Sequestration Achievable Nationally Economic Potential Biophysical Potential Market or Achievable Potential ?? ?? Cost of carbon ($/t C) Market Failures & Barriers: Examples: - Bundling costs - Monitoring costs - Low payments/acre - Absence of markets Issues: Examples - Baseline chosen - GHG leakage - Duration of benefits Carbon sequestered or emissions avoided (t C) Source: derived from Sathaye, Makundi, Andrasko et al, 2001

  4. Overview of Panel • 2 talks: soil C measurement & monitoring costs and methods: Sian Mooney & Tris West • Find measurement costs small, & degree of heterogeneity important. • Suggest C management response curves. • Find duration of GHG benefits varies by practice and GHG source or pool, & is critical to quantifying net GHG benefits. • Hall & Lempriere identify issues re developing offset trading market in Canada. • Murray: national dataset (NRI) vs econometric model for setting afforestation baseline in case study in Mississippi bottomlands. • Discussant: John Horowitz, U of MD.

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