August 2009
Environment and Science Policy recently published the paper “Sensitivity of amounts and distribution of tropical forest carbon credits depending on baseline rules”, co-authored by David Shoch of TerraCarbon, and Bronson Griscom, Bill Stanley, Rane Cortez, and Nicole Virgilio of The Nature Conservancy. The paper, also previously published on the UNFCCC website, compares the outcomes of seven proposed baseline approaches, using a historical analysis of FAO-FRA forest carbon emissions data. Depending upon the baseline approach used, the total credited emissions reductions ranged over two orders of magnitude for the same quantity of actual emissions reductions.