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Cullenward, D.

Publications and source records attributed to Cullenward, D..

5 recordsLinked to original sources

Large and persistent social risks to forest carbon projects

Despite the popularity of carbon credits as a tool to offset greenhouse gas emissions, there are growing concerns over whether their climate mitigation claims are robust. Most attention has focused on natural risks to forest carbon projects, such as wildfire, while social risks (e.g., those driven by fraud, mismanagement, and land conflicts) remain largely unquantified. Here we analyze 244 forest-based carbon projects to assess the vulnerability of the voluntary carbon market to social risks and find that projects systematically underestimate their risk of failure. Even under optimistic assumptions, projects are roughly twice as likely to fail within 25 years as their self-assessed risk implies over a 100-year horizon. Projecting these trends forward, we show that credits issued to failed projects could exceed the reserves registries hold to mitigate these risks within 1-2 decades. Overall, our results suggest stronger mechanisms and reserves are needed to ensure carbon credits deliver the promised climate benefits.

ecology↗

A global analysis of climate-driven reversal risks in forests

The integrity of forest-based climate solutions and carbon credits requires persistent carbon storage, but climate change is increasing the risk of natural disturbances that release carbon back into the atmosphere. Using global satellite data, disturbance modeling, and machine learning, we provide the first spatially explicit and scenario-based maps of long-term probability of carbon loss in global forests under different disturbance severities and climate scenarios. We find that North American conifer forests, tropical rainforests, and Asian (sub)tropical dry forests face the greatest risks, and that Eurasian temperate forests, African (sub)tropical dry forests face the lowest. Globally, the likelihood of reversals over 100 years is 31%-42% across all scenarios. Our work helps to maximize the benefits of forest-based climate solutions by informing more strategic project placement and more robust reversal-risk compensation mechanisms, such as buffer pools, and highlights critical additional science to better understand and manage risks of these essential climate solutions. Plain Language SummaryForests can help slow and lessen climate impacts. However, in places this benefit is becoming less reliable as climate change increases natural disturbances such as wildfires, drought, storms, and insect outbreaks, which can release stored carbon back into the atmosphere. In this study, we created the first scenario-based global maps of risks and found that the risk of carbon loss is widespread and highly variable across regions, with especially high vulnerability in North American conifer forests, tropical rainforests, and Asian tropical and subtropical dry forests. Our study highlights the importance of considering disturbance risks when siting forest projects for climate mitigation, and developing protocols for carbon markets, such as in voluntary programs and under the UNFCCC Paris Agreement. Key PointsO_LIA demographic model framework estimates the reversal risk from natural disturbances over 100 years in global forests C_LIO_LISpatially explicit maps under different severity scenarios show variation in the integrated 100-year risk of carbon reversal C_LIO_LISpatially explicit maps estimate the required buffer pool needed to compensate for disturbance-driven reversals in global forests C_LI

ecology↗

California's forest carbon offsets buffer pool is severely undercapitalized

California operates a large forest carbon offsets program that credits carbon stored in forests across the continental United States and parts of coastal Alaska. These credits can be sold to buyers who wish to justify ongoing emissions, including in Californias cap-and-trade program. Although fossil CO2 emissions have effectively permanent atmospheric consequences, carbon stored in forests is inherently less durable because forests are subject to significant socioeconomic and physical risks that can cause temporarily stored carbon to be re-released into the atmosphere. To address these risks, Californias program is nominally designed to provide a 100-year guarantee on forest carbon claims based on a self-insurance program known as a buffer pool. Projects contribute credits to the buffer pool based on a suite of project-specific risk factors, with buffer pool credits retired as needed to cover carbon losses from events such as wildfire or drought. So long as the buffer pool remains solvent, the programs permanence claim remains intact. Here, we perform an actuarial analysis of the performance of Californias buffer pool. We document how wildfires have depleted nearly one-fifth of the total buffer pool in less than a decade, equivalent to at least 95 percent of the program-wide contribution intended to manage all fire risks for 100 years. We also show that potential carbon losses from a single forest disease, sudden oak death, could fully encumber all credits set aside for disease and insect risks. These findings indicate that Californias buffer pool is severely undercapitalized and therefore unlikely to be able to guarantee the environmental integrity of Californias forest offsets program for 100 years.

ecology↗

Climate risks to carbon sequestration in US forests

Forests are currently a substantial carbon sink globally. Many climate change mitigation strategies rely on forest preservation and expansion, but the effectiveness of these approaches hinges on forests sequestering carbon for centuries despite anthropogenic climate change. Yet climate-driven disturbances pose critical risks to the long-term stability of forest carbon. We quantify the key climate drivers that fuel wildfire, drought, and insects, for the United States over 1984-2018 and project future disturbance risks over the 21st century. We find that current risks are widespread and projected to increase across different emission scenarios by a factor of 4-14 for fire and 1.3-1.8 for drought and insects. Our results provide insights for carbon cycle modeling, conservation, and climate policy, underscoring the escalating climate risks facing forests and the need for emissions reductions to mitigate climate change.

ecology↗

Systematic over-crediting in California's forest carbon offsets program

Carbon offsets are widely used by individuals, corporations, and governments to mitigate their greenhouse gas emissions on the assumption that offsets reflect equivalent climate benefits achieved elsewhere. These climate-equivalence claims depend on offsets providing "additional" climate benefits beyond what would have happened, counterfactually, without the offsets project. Here, we evaluate the design of Californias prominent forest carbon offsets program and demonstrate that its climate-equivalence claims fall far short on the basis of directly observable evidence. By design, Californias program awards large volumes of offset credits to forest projects with carbon stocks that exceed regional averages. This paradigm allows for adverse selection, which could occur if project developers preferentially select forests that are ecologically distinct from unrepresentative regional averages. By digitizing and analyzing comprehensive offset project records alongside detailed forest inventory data, we provide direct evidence that comparing projects against coarse regional carbon averages has led to systematic over-crediting of 30.0 million tCO2e (90% CI: 20.5 to 38.6 million tCO2e) or 29.4% of the credits we analyzed (90% CI: 20.1 to 37.8%). These excess credits are worth an estimated $410 million (90% CI: $280 to $528 million) at recent market prices. Rather than improve forest management to store additional carbon, Californias offsets program creates incentives to generate offset credits that do not reflect real climate benefits. Significance StatementForest carbon offsets are increasingly prominent in corporate and government "net zero" emission strategies, but face growing criticism about their efficacy. Californias forest offsets program is frequently promoted as a high-quality approach that improves on the failures of earlier efforts. Our analysis demonstrates, however, that substantial ecological and statistical shortcomings in the design of Californias forest offset protocol generate offset credits that do not reflect real climate benefits. Looking globally, our results illustrate how protocol designs with easily exploitable rules can undermine policy objectives and highlight the need for stronger governance in carbon offset markets.

ecology↗