As
fossil fuels are burned for energy – whether in power
generation plants, automobiles, homes, factories or at other
sources, they emit carbon dioxide as a by-product of that
combustion. The destruction of forests by humans also creates
emissions of carbon in carbon dioxide. If the emission of one
ton of carbon is prevented or reduced, or is otherwise offset by
the taking up of one ton of carbon by plants (which would not
have happened but for the intervention of an entity such as AEP), then that one ton of carbon is kept out of, or is removed
from, the atmosphere. This lowers the overall level of carbon
(in the
form of carbon dioxide) in the atmosphere. A ton of
carbon does not know if it came from an automobile, a power
plant or a cleared forest – a ton of carbon is a ton of
carbon. Any action to avoid, reduce or otherwise offset one ton
of carbon emissions could be said to generate a "carbon
emission offset credit."
In 1997, the United States and more
than 160 countries participating in the United Nations Framework
Convention on Climate Change adopted the Kyoto Protocol for
reducing greenhouse gas emissions. The agreement requires each
industrialized country ratifying the treaty to reduce its
greenhouse gas emissions. President Bush has elected not to have
the U.S. participate in the implementation of the Kyoto
agreement; he is instead developing a carbon emission management
program for the U.S. through voluntary measures. Both the Kyoto
Protocol and President Bush's program may allow for the
crediting of carbon emission offsets as a tool for mitigating
global climate change.
The
partners in this project believe that the implementation of climate
change initiatives that avoid imminent deforestation and restore
degraded forest areas and result in carbon emission offset
credits makes good sense. Such initiatives result in reduced
carbon dioxide in the atmosphere, conservation of biodiversity
and cost-effective climate change mitigation mechanisms for
businesses - a win, win, win solution for all.