The 'like for like' principle then mainly applies to carbon stocks accounting. With biosphere carbon storage credits being non-tradeable with geosphere storage credits. Interestingly, it already works like that for biosphere (LULUCF) and for sustainable forestry criteria. 2/x
Comments
For the geosphere we do the opposite at the moment: we don't track flows in/out and the emitter is responsible for and has to report emissions. 3/x
https://cdn.prod.website-files.com/5f3afd763fbfb08ae798fbd7/60336e65ccc97506f7fc4036_CTBO_Final_Report_Jan_2021_Complete.pdf