• Like

Loading…

Flash Player 9 (or above) is needed to view presentations.
We have detected that you do not have it on your computer. To install it, go here.

2009 National Biochar Conference Presentation

  • 870 views
Uploaded on

 

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
870
On Slideshare
0
From Embeds
0
Number of Embeds
1

Actions

Shares
Downloads
25
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide
  • Very hard to regulate every source of emissions

Transcript

  • 1. Carbon Markets and Biochar: An Offset Buyers Perspective
    North American Biochar Conference
    August 10th, 2009
    Peter Weisberg
    Offset Project Analyst
    pweisberg@climatetrust.org
    503-238-1915
  • 2. Outline
    • Theory of offsets
    • 3. How offsets could support biochar projects
    • 4. Methodology issues
    • 5. Current funding from The Climate Trust
  • 6. Source: The McKinsey Quarterly. 2007. “A cost curve for greenhouse gas reductions.”
  • 7.
  • 8.
  • 9.
  • 10. US Offset Market
    • Trends
    • 11. Fossil fuels will likely be capped
    • 12. Favor domestic projects over international projects
    • 13. Destroying methane emissions
    • 14. Sequestration
    • 15. Forestry
    • 16. Soil Management
    • 17. Biochar?
  • Sequestration Projects
    Clean Development Mechanism
    Reforestation/afforestation only
    Temporary credits
  • 18. Outline
    • Theory of offsets
    • 19. How offsets could support biochar projects
    • 20. Methodology issues
    • 21. Current funding from The Climate Trust
  • $ = CO2 Sequestered x Price
    • Low Quality US Projects
    • 22. Chicago Climate Exchange: $2-$4/mt CO2
    • 23. High Quality US Projects
    • 24. Voluntary Carbon Standard: $4-$9/mt CO2
    • 25. California Climate Action Registry: $5-$11/mt CO2
    • 26. Mature International Markets
    • 27. EU Emissions Trading Scheme: $10-$40/mt CO2
    • 28. Projections for Early US Market
    • 29. Markey-Waxman Bill : $10-$15/mt CO2
  • Biochar GHG Reductions
  • 30. Currently Methodologies
    Avoidance of methane production from biomass decay through controlled pyrolysis
    • Small scale
    • 31. No credit for carbon sequestration, but…
    • 32. Char must be “biologically inert”
    • 33. Volatile C/Fixed C ratio lower than 50%
  • Next Step: Sequestered Carbon
    Carbon Gold methodology for proposed to the Voluntary Carbon Standard
  • 34. Outline
    • Theory of offsets
    • 35. How offsets could support biochar projects
    • 36. Methodology issues
    • 37. Current funding from The Climate Trust
  • Unresolved Methodology Issues
    • Recalcitrance
    • 38. Guarantee 100 years of permanent sequestration
    • 39. Carbon Gold: Volatile C/Fixed C ratio lower than 50%
    • 40. Soil monitoring
    • 41. What happens to char that erodes out of the soils?
  • Unresolved Methodology Issues
    • Ownership – Three entities, same reduction
    Feedstock owner
    Pyrolysis plant
    Land owner
    • Carbon Gold: Credits pyrolysis plant
    • 42. Sequestered carbon can only be claimed once
  • Unresolved Methodology Issues
    • Environmental impact
    • 43. Heavy metals
    • 44. Criteria air pollutants
    • 45. Microbe health
    • 46. Carbon already in soil
  • Resolved Issue: Waste Feedstocks
    Leakage
    Changes in emissions outside the project itself
    Direct: Biomass fuel unavailable
    Indirect: displace current farm land for biochar feedstock plantations  land use change
    Carbon Gold: “biomass that would otherwise have been left to decay or been burned in an uncontrolled manner”
  • 47. Outline
    • Theory of offsets
    • 48. How offsets could support biochar projects
    • 49. Methodology issues
    • 50. Current funding from The Climate Trust
    • 3 Programs
    • 51. Oregon Program
    • 52. Smart Energy
    • 53. Colorado Carbon Fund
    • 54. 16 projects, $8.8 million in funding, 2.6 million tons of CO2offset
    • 55. Non-profit
    - Laboratory for innovative offset projects
  • 56.
  • 57. Project Development Timeline
    Upfront Payment
    Proposal
    Contract
    Negotiation
    Annual
    Monitoring
    Due
    Diligence
    Commercial
    Operation
    Annual payment
    “upon delivery”
  • 58. Peter Weisberg
    Offset Project Analyst
    pweisberg@climatetrust.org
    503-238-1915 x 207