OK, let's be completely clear on this, the "solution" to man-made Global Warming, isn't carbon sequestration. The only solution is to stop the extraction and release of fossil carbon!
Carbon sequestration, is a part of the clean-up process, but it can't stop Global Warming getting worse than it already is. We are in a hole, the first thing is to STOP DIGGING...
"Part of the clean-up process" is debatable. Carbon sequestration often doesn't work and can even increase emissions, all while greenwashing and diverting funds and subsidies away from more useful environmental efforts.
So yes, the first step is to stop digging and stop burning!
The assumption here is if you sequester and it doesnt work, then it shouldnt count as carbon credit.
What Im asking is, if someone sequesters and can show it does, actually, work, should that be allowed as a means to offset their carbon credit?
Agreed.
In my mind the approach would be simple.. figure out how much co2 people/companies can release and ensure the atmospheric CO2 will go down as a result.
Everyone then must meet that number or below. If they can show successful sequestering they get to subtract that number from what they produce. As long as everyone stays below their allowed threshold, we are golden.