Legal entities or persons might want to neutralize the greenhouse gas emissions they have caused with their activities. In the context of this paper, voluntary compensation is defined as the cancellation of emission reduction credits that have been generated in a project-based approach. The...

The details on rules and modalities for the inclusion of forestry projects in the Clean Development Mechanism (CDM) are one of the last non resolved implementation issues of the Kyoto Protocol. We examine in detail the implications of different policy decisions concerning the inclusion of CDM...

The issue of terrestrial carbon sinks, officially labelled as Land use, Land-use change and Forestry (LULUCF) has been one of the most contentious and difficult issues in the international climate change negotiations. This study analyses the negotiation process on sinks from the third Conference...

As GHG emissions did not decline as anticipated early of the 1990ties Carbon Capture and Storage (CCS) recently gained more and more attention as a climate change mitigation option. However, CO2 suppressed in geological reservoirs is likely to lead to future releases of the CO2 stored. This...