Thanks to Nicola Jones, as ever, and to Yale e360 for publishing this explanatory article on a relatively new topic:
Why the Market for ‘Blue Carbon’ Credits May Be Poised to Take Off
Seagrasses, mangrove forests, and coastal wetlands store vast amounts of carbon, and their preservation and restoration hold great potential to bank CO2 and keep it out of the atmosphere. But can the blue carbon market avoid the pitfalls that have plagued land-based programs?
Off the shores of Virginia, vast meadows of seagrass sway in the shallow waters. Over the past two decades, conservation scientists have spread more than 70 million seeds in the bays there, restoring 3,600 hectares (9,000 acres) of an ecosystem devastated by disease in the 1930s. The work has brought back eelgrass (Zostera marina) — a keystone species that supports crustaceans, fish, and scallops, and is now absorbing the equivalent of nearly half a metric ton of CO2 per hectare per year. Continue reading