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The AAPG/Datapages Combined Publications Database
Houston Geological Society Bulletin
Abstract
Abstract: Global Warming, GHGs and the 
Carbon
Markets—
Welcome to the 21st Century
Carbon Markets—
Welcome to the 21st CenturyBy
Humans release about 8 billion tons of carbon-based (or
8 gigatons GtC) greenhouse gases (GHGs) per year: 6 GtC
from fossil fuels and 2 GtC from land disturbance (soil erosion,
forest depletion, etc.). Of this the oceans absorb 2 GtC and plants
absorb about 2 GtC; the remaining 4GtC are
added to the atmosphere each year.
Possible solutions to mitigate excess GHGs
and their associated global warming/climate
change effects include increased energy
efficiencies and new conservation measures,
further development and use of alternative
energy sources, and carbon capture and
storage. This presentation provides an
overview of the global carbon cycle, potential
global warming causes and effects, and
geo-engineering solutions for mitigating
those effects. These mitigating measures are
fundamental to establishing the value of the current carbon commodity
markets where carbon cap and trade of credits and
GHG/carbon
inventories will play a dominant role in future
economies.
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