As a firm believer in
the concept of additionality - basically, would the proposed renewable energy project have happened under «business as usual» conditions - he explained that offsets would only gain the upper hand through: «public perception (from closer press scrutiny of REC financial figures); possible consumer fraud lawsuits testing deceptive marketing statutes; and perhaps most importantly a thriving domestic offset market built around regional climate schemes such as the Regional Greenhouse Gas Initiative, AB 32 in California, the Western Climate Initiative, and possibly a national cap - and - trade scheme down the road.»
This technical document clarifies
the concept of additionality and its significance for crediting mechanisms; describes the different approaches that have been used to demonstrate or test additionality; and explores the implications of the evolving carbon markets on the application and importance of additionality.
Another proposal would replace the CDM with a fund for developing countries to build green projects without generating credits — thereby eliminating the entire
concept of additionality.
Not exact matches
Standing guard over the
additionality concept and generally vouching for the credibility
of any given project — the key to any shred
of environmental credibility as far as reducing greenhouse gas emissions goes — are standard - setters like the Climate Action Reserve from California or the Voluntary Carbon Standard from Washington, D.C..
And that is the most devilish detail
of all: So - called «
additionality,» the
concept that in order to count against some kind
of national or international budget for greenhouse gas emissions, the emissions avoided or reduced must be in addition to what would have happened anyway.
Additionality refers to the
concept of whether your carbon offset purchase really brings about carbon reductions, or whether the reductions would have happened anyway.
That last bit refers to the notion
of «
additionality» — a
concept that grew out
of the Kyoto Protocol as a way
of valuing carbon offsets against business - as - usual.