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Monitoring, reporting and verifying emissions in the climate economy

Title: Monitoring, reporting and verifying emissions in the climate economy
Authors: Bellassen, Valentin; Stephan, Nicolas; Afriat, Marion; Alberola, Emilie; Barker, Alexandra; Chang, Jean-Pierre; Chiquet, Caspar; Cochran, Ian; Deheza, Mariana; Dimopoulos, Christopher; Foucherot, Claudine; Jacquier, Guillaume; Morel, Romain; Robinson, Roderick; Shishlov, Igor
Contributors: Centre d'Economie et de Sociologie Rurales Appliquées à l'Agriculture et aux Espaces Ruraux (CESAER); Institut National de la Recherche Agronomique (INRA)-AgroSup Dijon - Institut National Supérieur des Sciences Agronomiques, de l'Alimentation et de l'Environnement; Investissement; CDC Climat Recherche; Recherche; National Physical Laboratory Teddington (NPL); Centre Interprofessionnel Technique d'Etude des Pollutions Atmosphériques (CITEPA); South Pole Carbon
Source: ISSN: 1758-678X.
Publisher Information: CCSD; Nature Publishing Group
Publication Year: 2015
Subject Terms: climate; carbon pricing; verification (MRV); reporting; monitoring; carbon; [SDV]Life Sciences [q-bio]
Description: The monitoring, reporting and verification (MRV) of greenhouse-gas emissions is the cornerstone of carbon pricing and management mechanisms. Here we consider peer-reviewed articles and ‘grey literature’ related to existing MRV requirements and their costs. A substantial part of the literature is the regulatory texts of the 15 most important carbon pricing and management mechanisms currently implemented. Based on a comparison of key criteria such as the scope, cost, uncertainty and flexibility of procedures, we conclude that conventional wisdom on MRV is not often promoted in existing carbon pricing mechanisms. Quantification of emissions uncertainty and incentives to reduce this uncertainty are usually only partially applied, if at all. Further, the time and resources spent on small sources of emissions would be expected to be limited. Although provisions aiming at an effort proportionate to the amount of emissions at stake — ‘materiality’ — are widespread, they are largely outweighed by economies of scale: in all schemes, MRV costs per tonne are primarily driven by the size of the source.
Document Type: article in journal/newspaper
Language: English
Relation: PRODINRA: 286968; WOS: 000351842100014
DOI: 10.1038/nclimate2544
Availability: https://hal.science/hal-01190149; https://hal.science/hal-01190149v1/document; https://hal.science/hal-01190149v1/file/2015%20-%20Bellassen%20et%20al%20-%20NCC%20-%20MRV%20in%20the%20climate%20economy_preprint.pdf; https://doi.org/10.1038/nclimate2544
Rights: info:eu-repo/semantics/OpenAccess
Accession Number: edsbas.3AE57A3B
Database: BASE