"#Mangroves and #saltmarshes sequester large amounts of carbon, mitigating the greenhouse effect. New research from the University of Gothenburg shows that these environments are perhaps twice as effective as previously thought."
@CelloMomOnCars
Tidal Restoration is important and effective carbon sequestration and provides other environmental services. However there are challenges in accurate measurement, and in assuring permanence. This is especially likely with a warming climate and increasing #sealevelrise that may change rate of sequestration, or even release the carbon due to extreme events such as the 2016 Gulf of Carpentaria mangrove dieback.
#ACCUs or #CarbonOffset credits generated by this methodology should definitely not be used to offset Scope 1 and 2 emissions from new fossil fuel projects.
The ABC's financial analyst Alan Kohler spent the weekend looking into #CarbonOffsets and #ACCUs. What he found is not good. There have been previous warnings not to rely on offsets, but concentrate on reducing emissions, phaseout of coal, oil and gas.
Labor's Safeguard Mechanism is highly dependant on the integrity of carbon offsets. And that integrity is severely in question.