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Full Description
The ability to accurately monitor, record, report and verify greenhouse gas emissions is the cornerstone of any effective policy to mitigate climate change. Accounting for Carbon provides the first authoritative overview of the monitoring, reporting and verification (MRV) of emissions from the industrial site, project and company level to the regional and national level. It describes the MRV procedures in place in more than fifteen of the most important policy frameworks - such as emissions trading systems in Europe, Australia, California and China, and the United Nations Framework Convention on Climate Change - and compares them along key criteria such as scope, cost, uncertainty and flexibility. This book draws on the work of engineers and economists to provide a practical guide to help government and non-governmental policymakers and key stakeholders in industry to better understand different MRV requirements, the key trade-offs faced by regulators and the choices made by up-and-running carbon pricing initiatives.
Contents
Acknowledgements; 1. Introduction: key notions and trade-offs involved in MRVing emissions Valentin Bellassen and Ian Cochran; Part I. MRV of Territorial/Jurisdictional Emissions: 2. Trend setter for territorial schemes: national GHG inventories under the UNFCCC Jean-Pierre Chang and Valentin Bellassen; 3. Variant no1: region/city geographical inventories Ian Cochran; 4. Variant no2: sectoral MRV at the jurisdictional level - forestry (REDD+) in the VCS and the UNFCCC Mariana Deheza and Valentin Bellassen; Part II. MRV of Industrial Sites and Entities: 5. Trend setter for companies and industrial sites: the EU Emissions Trading Scheme Guillaume Jacquier and Valentin Bellassen; 6. Variant no1: the waste sector in Australia's carbon pricing mechanism, another ETS at site level Marion Afriat and Emilie Alberola; 7. Variant no2: non-site level emissions in an ETS - the case of electricity importers in the California cap-and-trade Marion Afriat and Emilie Alberola; 8. Variant no3: emissions of a company/institution rather than a site: the case of the Shenzhen ETS Caspar Chiquet; 9. Variant no4: coexistence of voluntary and mandatory frameworks at the company level: Carbon Disclosure Project, EU ETS and French legal requirements Romain Morel and Ian Cochran; 10. Direct measurement in the EU ETS Chris Dimopoulos; Part III. MRV at Offset Project Scale: 11. Trend setter for projects: the Clean Development Mechanism Igor Shishlov; 12. Case study no1: monitoring requirements for projects reducing N2O emissions from fertilizer use across standards Claudine Foucherot; 13. Case study no2: monitoring requirements for reforestation and improved forest management projects across standards Mariana Deheza; 14. Case study no3: monitoring requirements for fugitive emissions from fuels in the CDM Alexandra Barker and Rod Robinson; 15. Synthesis Valentin Bellassen, Nicolas Stephan, Marion Afriat, Emilie Alberola, Alexander Barker, Jean-Pierre Chang, Caspar Chiquet, Ian Cochran, Mariana Deheza, Chris Dimopoulos, Claudine Foucherot, Guillaume Jacquier, Romain Morel, Rod Robinson and Igor Shishlov; Index.
