Carbon Offset Programs Underestimate the Threat of Hurricanes
By Sierra Bouchér, Eos/AGU.
Excerpt: New England is one of the most heavily forested areas in America: Roughly 15 million metric tons of carbon is stored there every year. These projects account for disasters that can kill trees and release their stored carbon. However, a new study published in Global Change Biology suggests that they may be underestimating the destructive power of hurricanes. A single hurricane in New England could release at least 121 million metric tons of carbon from downed trees, the study showed, the equivalent of the energy use of almost 16 million homes in 1 year. Many carbon offset programs reforest in the region. ...When a company buys a carbon credit, it buys a slight surplus of offset, allowing offset programs to plant slightly more trees to take in more carbon than is being emitted. That way, if trees are lost to drought, fire, disease, or other disasters, the program stays carbon neutral. ...As of 2020, 7% of California’s Cap-and-Trade Program carbon was stored in New England forests, and 3% of that carbon was set aside for storm damage. A single storm could take out that buffer pool....