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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
By
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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