Carbon Sinks
What are 2 forms of carbon sinks (where is it stored)?
*Avoid rotting trees, long growth species
* Leaving course woody debri
What are 4 ways to fix carbon output?
1)Forest conservation avoidance
2) Aforestation: turning land back into forest
3) Improve forest management4)Additionality: going above that stated practice.
How much offset credit is given in voluntary market, and a compliance market?
V: $3-7 per offset credit
C: $14-16 per offset credit
How many plant-based drugs are available on the world market?
4000
What is an example of a forest product that holds carbon for a long period in time?
Furiture
What are 5 ways to improve forest management for carbon?
1)maintaining amount of carbon storage sold
2)Manage for long lived species
3)Species diversity: avoid major disturbances
4)Decrease annual allowable cut
5) Consider local implicated climate change in the area.
What is the percent payback for carbon offset in a compliance market?
140%
What is Pharmaceutical?
P: relating to medical drugs, or their preparation, use, or sale.
What is an example of a forest product that holds carbon for a short period in time?
Firewood
Define Baseline.
Average management practice (status quo)
What are some current options in NB for voluntary markets?
Find own buyer, story is important, voluntary offsetting. This all helps with certifying your land.
Define Nutraceuticals.
What they take out of foods, and make into a kind of pills.
What is cap and trade?
Companies have a max amount of carbon they can admit, therefore, if large companies need to release more carbon, they can buy carbon cap from other companies that aren't going to use it.
What is the baseline formula?
IFM - Baseline = Selling carbon
True or False. Is it mandatory for offsetting to happen in compliance markets?
True
What are some resources that have to be managed with Nutraceuticals?
Ecology, Market information, species
What is the max number of audits a woodlot owner will have to go through for their carbon project data collection?
Max of 4
What percentage of carbon projects fail validation?
25%
What are some proactive measures for carbon offsetting?
Management plan
Mange for long lived species and diversity
Plan for 100 years rotations
Improve forest health
Silviculture practices
Grow more volume
Notify your local forest management groups
What are some examples of Nutraceuticals?
Code liver oil, essential oils, herbs and spices, sapino (BF products), victims.