The assertion made in headlines such the one below - that carbon credits won't reduce emissions - just reduces the positive work of which carbon credit programs can do.
It's true. However, the tiny voluntary tax that's carbon credits hasn't had a major effect on the behavior many major emitters, particularly compared with the profits made from producing fossil fuels. It's more likely than not that taxing carbon emissions can have a larger effect on reducing dependency on fossil fuels.
Emissions today are a problem. But, to understand the importance and significance of carbon credits, it is essential to look past the income Statement. Instead we must look at our Balance Sheet. More specifically, our long-term carbon debt.
If Planet Earth had to maintain the Balancesheet, we listed as an asset in the Asset columns our basic needs , such as food security, physical security, and water availability. And in our Long Team debt entries , we were able to see the accumulation of greenhouse gas and the massive amount of soil organic matter removal from our farms, and astonishing amounts of degradation to our most effective carbon storage zones such as our mangrove forests along the coast It will soon be apparent that our current situation has nothing to do with a single season's emissions.
This is the reason I think that any story Click for source that includes carbon offsets and emission reductions is misleading and the issues that we're experiencing caused by climate change aren't simply the result of carbon emissions, but decades (centuries?) poor farming practices, the utter destruction of mangroves and pollution and many other sins.
What is the extent of the damage? About 50% to 65% worldwide's mangrove forests are gone, or severely degraded. Numerous farms around the world have lost up to 80% soil organic carbon and are threatening food security.
This is why we must shift our thinking from the "triple-bottom line" to the interest that is accrued on the balance sheets. Instead of being a tax on our emissions in the present, think of carbon credits as an item of adjustment to the balance sheet. A credit (carbon) which can be used to lower the cost of (carbon debt.
How can we cut down on this amount of debt?
These are easy to answer. Here is an example. CarbonNation The BLUE fund is a CarbonNation fund. The fund's mission is one basic, but effective thing: to restore and protect mangroves. In order for mangrove forests to become large-scale, a significant amount of money is required. For replanting one hectare of forest it will require between USD2,500 to USD4,500 per person. Additionally three years of meticulous cultivation by the local community is needed.
Additionally, the local onshore fisheries need to be provided with better algae-based filtering methods to ensure that phosphorus and nitrogen can be removed from the water and produce is enhanced.
As the forest grows, the alga plants come online carbon credits will begin to be produced. These are used to repay the principal as well as make the investment return to investors. The community is the main beneficiary of the initial phase of investment. The benefit is not just financial benefits. The mangrove canopy is growing, leading to more fish. Fish breed in mangroves and provide an income source that is vital for the majority of coastal communities.
More mangroves mean greater protection against the rising tides and erosion of coastal areas. As most people know already, mangroves can provide up to 50x better carbon sequestration rates than lower density forests. Although the machines that extract carbon from the air and store it in underground storage appear like they're from the future mangroves have been doing the exact since the beginning of time. They also provide us with food for the same time.
Fund has received significant funds and other partnerships to aid these initiatives. However, any additional partners are always welcomed to get in touch with the fund.
The article has been well written and researched. My issue with it is the negative headline. This is based on text in the article and suggests that it was added or modified by an editor.