Carbon Sequestration: Government Programs and Tribal Incentives
Existing programs and incentives relevant to carbon sequestration, with links to appropriate Web sites that describe these programs in detail.
Big Sky Carbon Sequestration Partnership
The Big Sky Carbon Sequestration Partnership (BSCSP) encompasses tribal lands in the Montana, Wyoming, Idaho, South Dakota, eastern Washington, and Oregon area. Its membership includes Native American Tribes and universities, national laboratories, private companies, and state agencies. The partnership is one of seven regional partnerships established by the U.S. Department of Energy (DOE). Like the other partnerships established by DOE, the BSCSP is involved with developing approaches for both geologic and terrestrial carbon storage.
DOE Voluntary Reporting of Greenhouse Gases Program
The DOE established and administers a program for Voluntary Reporting of Greenhouse Gases. Initiated in 1994, the DOE 1605b Registry supports the Federal Climate Change Initiative. A key objective of the Initiative is to voluntarily reduce 2002 baseline year domestic emissions 18% by 2012, the target year. Although the DOE 1605b Registry does not provide for trading carbon credits, a registering entity can use the Registry to calculate and document emission reduction activities such as geologic and terrestrial carbon sequestration activities.
Regional Greenhouse Gas Initiative
The Regional Greenhouse Gas Initiative (RGGI) is a state-level mandatory cap-and-trade program implemented in 2009. The RGGI is made up of 10 northeastern and mid-Atlantic states that collaborate toward the achievement of state-specific greenhouse gas (GHG) emission targets. Carbon offset projects, such as carbon sequestration projects, are eligible for registration in the RGGI if the state hosting the project has a Memorandum of Understanding with the RGGI. Forestry projects are recognized as a form of terrestrial sequestration under the RGGI.
The Plains CO2 Reduction Partnership
The Plains CO2 Reduction (PCOR) Partnership is a multiyear collaboration of over 80 U.S. and Canadian stakeholders that is laying the groundwork for practical and environmentally sound carbon dioxide (CO2) sequestration projects. The partnership encompasses all or part of nine U.S. states (Iowa, Minnesota, Missouri, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming) and four western Canadian provinces (Alberta, British Columbia, Manitoba, and Saskatchewan).
California Climate Action Registry
The California Climate Action Registry (CCAR) recognizes forestry projects for registration. The CCAR is a registry created to provide detailed guidance on reporting emission inventories. Emission reporting is governed by reporting protocols. The passage of Assembly Bill 32, the California Global Warming Solution Act of 2006, mandates GHG reporting and reductions of emission levels by 2020.
The Climate Registry
The Climate Registry is made up of 31 states, two Canadian provinces, and a tribal nation. Drafts of the procedures to be used in the Climate Registry do not address carbon offsets. The Climate Registry is trying to harmonize different state and regional registries.