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Assessing Temporary Carbon Storage in Life Cycle Assessment and ...

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<strong>in</strong>stantaneous impacts. In LCA, some impact categories are covered by multiple <strong>in</strong>dicators at the<br />

midpo<strong>in</strong>t level (e.g. human toxicity uses both cancer <strong>and</strong> non-cancer effects). For <strong>in</strong>clud<strong>in</strong>g<br />

temperature <strong>in</strong>crease <strong>and</strong> rate of change, extensive work is still needed, although it would be promis<strong>in</strong>g<br />

<strong>and</strong> should be <strong>in</strong>vestigated further.<br />

2.3 Benefits of temporary carbon storage<br />

In his presentation (see Section 6.5), Marl<strong>and</strong> gave environmental <strong>and</strong> economic arguments <strong>in</strong> favour<br />

of temporary carbon storage: it buys time for technological progress <strong>and</strong> learn<strong>in</strong>g, it postpones climate<br />

change, some temporary sequestration may become permanent, sequester<strong>in</strong>g carbon keeps us on a<br />

lower carbon path <strong>and</strong> mediates the approach of tipp<strong>in</strong>g po<strong>in</strong>ts, etc. There is also an economic<br />

argument which states that temporary carbon storage has value as long as carbon emissions have a<br />

monetary value, whether this value is related to a cap-<strong>and</strong>-trade system, a carbon tax, or emission<br />

permits. An analogy was developed with the life <strong>in</strong>surance <strong>in</strong>dustry to show that the expected life time<br />

of temporary storage can be described <strong>in</strong> probabilistic terms, <strong>in</strong> order to give it a f<strong>in</strong>ancial value, which<br />

could be used to determ<strong>in</strong>e the cost of the temporary credits. Credits for permanent storage could be<br />

bought <strong>and</strong> sold, <strong>and</strong> credits for temporary storage could be rented.<br />

2.4 Do temporary carbon storage <strong>and</strong> delayed emissions matter?<br />

When assess<strong>in</strong>g temporary carbon storage, a time frame needs to be def<strong>in</strong>ed, s<strong>in</strong>ce there is no benefit<br />

for it on an <strong>in</strong>f<strong>in</strong>ite time basis. If the time frame is 100 years, stor<strong>in</strong>g carbon for a few years is<br />

important, but if the time frame is much longer, it becomes <strong>in</strong>significant. Kirschbaum presented three<br />

types of impact related to global warm<strong>in</strong>g: i) the <strong>in</strong>stantaneous temperature <strong>in</strong>crease, which leads to<br />

extreme weather conditions <strong>and</strong> diseases, ii) the rate of temperature <strong>in</strong>crease, which has an impact on<br />

ecological adaptation, <strong>and</strong> iii) cumulative heat<strong>in</strong>g or radiative forc<strong>in</strong>g, which impacts on long-term<br />

effects such as sea level rise. Stor<strong>in</strong>g carbon for a few years <strong>and</strong> releas<strong>in</strong>g it back to the atmosphere has<br />

two consequences: it decreases the cumulative heat<strong>in</strong>g of the atmosphere over a def<strong>in</strong>ed time frame,<br />

<strong>and</strong> it <strong>in</strong>creases the temperature at a given time <strong>in</strong> the short term. With a longer time horizon, both<br />

effects would become less significant. It is important to determ<strong>in</strong>e whether impacts occurr<strong>in</strong>g <strong>in</strong> the<br />

short-term are more important than those occurr<strong>in</strong>g <strong>in</strong> the long-term.<br />

The carbon cycle is dynamic. Tak<strong>in</strong>g carbon out of the atmosphere has consequences on the carbon<br />

flows elsewhere <strong>in</strong> the cycle, e.g. ocean uptake. Releas<strong>in</strong>g one tonne of carbon to the atmosphere or<br />

stor<strong>in</strong>g it for a period of time <strong>and</strong> releas<strong>in</strong>g it later would lead to different CO 2 concentrations at a<br />

given time <strong>in</strong> the future. It would lead to the same concentration for an <strong>in</strong>f<strong>in</strong>ite time frame, but the<br />

trajectories to that po<strong>in</strong>t there would be different, so the tim<strong>in</strong>g of the emissions matters with f<strong>in</strong>ite<br />

9

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