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Natural Carbon Sequestration In The Commonwealth, Carbon Sequestration Task Force, Virginia Coastal Policy Center, William & Mary Law School, Virginia Institute Of Marine Science
Natural Carbon Sequestration In The Commonwealth, Carbon Sequestration Task Force, Virginia Coastal Policy Center, William & Mary Law School, Virginia Institute Of Marine Science
Virginia Coastal Policy Center
The Virginia General Assembly created the Carbon Sequestration Task Force in 2021 to examine the feasibility and potential to increase carbon sequestration in the Commonwealth. Specifically, the Task Force must (i) consider possible methods of increasing carbon sequestration within the natural environment through state land and marine resources use policies; agricultural, aquacultural, and silvicultural practices; and other practices to achieve natural resources restoration and long-term conservation; (ii) recommend short-term and long-term benchmarks for increasing carbon sequestration; (iii) develop a standardized methodology to establish baseline carbon levels and account for increases in carbon sequestration over time; (iv) identify existing carbon markets …
Carbon Market Opportunities In Virginia: Eelgrass, Marshes, Soils, And Forests, Imani Y. Price
Carbon Market Opportunities In Virginia: Eelgrass, Marshes, Soils, And Forests, Imani Y. Price
Virginia Coastal Policy Center
Carbon sequestration is the storage and capture of carbon dioxide from the atmosphere. Preserving carbon sequestering sources helps mitigate climate change. Eelgrass, marshes, soils, and forests all sequester carbon. Unfortunately, they are vulnerable to climate change and human development. This paper examines how these sources of carbon sequestration can be incorporated into Virginia’s climate change policies, including the creation of a carbon market. Among other aims, a carbon market would incentivize the preservation and restoration of these species, providing important environmental and economic benefits. The first section of this paper identifies several sources of carbon sequestration, as well as their …