Carbon sink

Description

Negative carbon sink concept

Carbon sink refers to the process of absorbing carbon dioxide (CO2) from the atmosphere and converting it into biomass fuels or products through the use of biomass energy.

Advantages of negative carbon sinks:

Reduce greenhouse gas emissions:

By increasing carbon sink capacity, more CO2 can be absorbed and stored, thereby reducing the concentration of greenhouse gases in the atmosphere and mitigating global warming.

Protect biodiversity:

Many carbon sink ecosystems, such as forests and wetlands, are habitats and food sources for many species. Protecting and restoring carbon sink ecosystems helps preserve biodiversity.

Provision of ecosystem services:

Carbon sink ecosystems also provide many ecosystem services, such as water conservation, climate regulation and soil conservation. Protecting and increasing carbon sink ecosystems can enhance the provision of these ecosystem services.

Technical core

Carbon dioxide is absorbed and stored through the production and utilization of biomass energy. Biomass energy refers to the energy produced from plant fiber and organic waste as raw materials, including wood, straw, wheatgrass, food waste, etc. Through the production and utilization process of biomass energy, plants absorb a large amount of carbon dioxide through photosynthesis and fix the carbon in the biomass.

Widely used

Among them, the main application area is the utilization of biomass energy, converting biomass into solid fuels such as charcoal, biomass particles, such as biodiesel, bioethanol, etc., which can replace traditional fossil fuels.

Biomass can also be used as a raw material to produce various products, such as paper, fiberboard, bioplastics, etc. In this process, carbon dioxide can be fixed in these products and stored for a long time.

Production process

Biological carbon sink production process

Note: LCA will record biomass life cycle data and synchronize carbon sink accounts

The biomass collection radius shall not exceed 200KM

The biomass carbonization process uses the exclusive cracking technology of the EU

The biochar terminal can only be used as an additive

Project Assessment and Verification

Carbon Sink Project Evaluation and Validation

Define Project Scope and Objectives

Define the geographical scope and time frame of the carbon sequestration project, as well as the specific objectives of the project, such as CO2 absorption and emission reduction through forest vegetation restoration.

Data Collection and Analysis

Collect data related to the project, such as land utilization value by type, land area, etc. These data are used for analysis and simulation to understand the carbon sink potential of the project and to predict the amount of CO₂ absorption

Design Basis Scenario

Establish a baseline scenario, that is, CO₂ emissions without the implementation of carbon sequestration projects. Baseline scenarios are typically based on available historical data or model simulations.

Design Project Scenario

Designing carbon sink projects has an impact on baseline conditions. This includes determining the area and time frame for project implementation, as well as specific management and protection measures for the project

Calculated Project Emission Reduction

Calculate the emission reduction of the project by comparing the baseline and project guidance. Emission reduction is usually measured by the amount of CO2 absorbed

Conduct Carbon Sink Verification

Validation of carbon sink projects using a second party professional body Verification includes verifying the accuracy of the project data, the correctness of the calculation method and the implementation of the project in accordance with the relevant standards and guidelines

Preparation of Carbon Sink Reports

Carbon sink reports are prepared based on the results of assessment and validation. The report includes the basic information of the project, the calculation results of the emission reduction, and the opinions and conclusions of the certification agency

Obtain Certification and Registration

If the carbon sink project meets the relevant certification standards and guidelines, it can apply for carbon sink certification. The certification body reviews the project and issues the corresponding certification certificate.

Monitoring and Reporting

Regular monitoring and reporting of carbon sequestration projects already implemented to ensure the ongoing effectiveness of the projects and to provide relevant information to relevant agencies and stakeholders.

Trading Process

Carbon trading process

Buyer Demand and Search

Carbon sink project Buyers will determine to purchase carbon sink certificates to meet their carbon offset or reduction goals, and they will search for suitable carbon sink projects.

Determine the Market and Trading Platform

Buyers and sellers choose a suitable carbon market or trading platform to buy and sell. These markets and platforms may be international (such as the EU Emissions Trading System) or domestic (such as the Chinese Emissions Trading Market).

Choose the Carbon Sink Project

Buyers select from available carbon sink projects and evaluate the project's credibility and sustainability. Buyers usually focus on the carbon emission reduction potential of the project, the verification and certification status of the project, etc.

Negotiate and Reach Agreements

The buyer and seller begin negotiations and reach an agreement. The agreement may include terms such as purchase quantity, price, delivery time, etc.

Signing of Contract

After both parties reach an agreement, they sign a legally binding contract. The contract should cover the rights and obligations of both parties and ensure the safety and legality of the transaction.

Delivery and Payment

After the seller completes the carbon emission reduction or carbon sequestration project, it will deliver the corresponding carbon voucher or certificate to the buyer. The buyer makes the payment, typically using currency or carbon allowances as the medium of exchange.

Monitoring and Reporting

Conduct regular monitoring and reporting on implemented carbon sequestration projects to ensure the continued effectiveness of the projects and provide relevant information to relevant agencies and stakeholders.

Partner

Haiqi International partner

Haiqi Carbon sink partner

Tendency

Carbon sink development trend

With regard to the trend of carbon sequestration, with the increasing global concern about climate change, carbon sequestration has become an important emission reduction measure.

Carbon sink mainly refers to the purpose of slowing the rise of greenhouse gas concentration in the atmosphere and global climate change by increasing the carbon storage in the earth system such as land or ocean.

Policy support

Governments will make greater efforts to promote the implementation and development of carbon sink projects, such as encouraging enterprises and individuals to participate in carbon sink projects through economic incentive policies, tax policies and other means.

International cooperation

Carbon sink has global influence and benefits, and international cooperation will be closer in the future, and countries will work together to promote the implementation of carbon sink projects Global carbon market

Technological innovation

In the future, we will continue to innovate carbon sequestration technology, improve the efficiency and operability of carbon sequestration, and develop more carbon sequestration technologies for different geographic regions and ecosystems.

Integrated management

In the future, carbon sink projects will pay more attention to integrated management, fully consider the coordinated development of carbon sink and biodiversity protection, soil protection, water resources management, etc., to achieve a win-win situation between carbon sink and ecological environment protection.