Regulatory Reform and the Potential Use of Floating Artificial Reefs under Blue Carbon and Ocean Carbon Methodologies
Floating artificial reefs serve to enhance commercial fisheries, increase marine biodiversity and support aquacultural production. These structures do not disrupt soft seabed environments and, within certain biological parameters, can be flexibly sited with adjustable buoyancy to minimise damage fro...
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ftqueensland:oai:eprints.qut.edu.au:240568 2023-11-12T04:09:40+01:00 Regulatory Reform and the Potential Use of Floating Artificial Reefs under Blue Carbon and Ocean Carbon Methodologies Wang, Brydon 2023 application/pdf https://eprints.qut.edu.au/240568/ unknown https://eprints.qut.edu.au/240568/1/B01_OMAE2023_104421_Brydon_Wang.pdf Wang, Brydon (2023) Regulatory Reform and the Potential Use of Floating Artificial Reefs under Blue Carbon and Ocean Carbon Methodologies. In International Conference on Ocean, Offshore and Arctic Engineering, 2023-06-11 - 2023-06-16, Melbourne,Australia. (Unpublished) https://eprints.qut.edu.au/240568/ Faculty of Business & Law; School of Law free_to_read Consult author(s) regarding copyright matters This work is covered by copyright. Unless the document is being made available under a Creative Commons Licence, you must assume that re-use is limited to personal use and that permission from the copyright owner must be obtained for all other uses. If the document is available under a Creative Commons License (or other specified license) then refer to the Licence for details of permitted re-use. It is a condition of access that users recognise and abide by the legal requirements associated with these rights. If you believe that this work infringes copyright please provide details by email to qut.copyright@qut.edu.au International Conference on Ocean, Offshore and Arctic Engineering Contribution to conference 2023 ftqueensland 2023-10-30T23:25:22Z Floating artificial reefs serve to enhance commercial fisheries, increase marine biodiversity and support aquacultural production. These structures do not disrupt soft seabed environments and, within certain biological parameters, can be flexibly sited with adjustable buoyancy to minimise damage from cyclones, heat waves and marine traffic. Deployment of such floating artificial reefs in the upper photic zone could support the nascent ocean carbon market in Australia when used with other ocean-based and ocean-derived negative emissions technologies such as deep-water sequestration of biomass. However, this requires regulatory reform to shift the balance of existing carbon markets that are largely focused on terrestrial approaches. This article examines the potential use of floating artificial reefs under blue and ocean carbon methodologies and the Carbon Credits (Carbon Farming Initiative) Act 2011 (Cth) in Australia. It examines the existing abatement model and the complexity of state and other sub-national permitting regimes, and suggests regulatory reform opportunities to streamline processes to allow carbon abatement to be delivered by floating artificial reef projects. It concludes with some general observations for future floating artificial reef projects that will have wider relevance to jurisdictions seeking to restore coastal and marine ecosystems and unlock access to ocean-based carbon markets. Conference Object Arctic Queensland University of Technology: QUT ePrints |
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Queensland University of Technology: QUT ePrints |
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ftqueensland |
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Floating artificial reefs serve to enhance commercial fisheries, increase marine biodiversity and support aquacultural production. These structures do not disrupt soft seabed environments and, within certain biological parameters, can be flexibly sited with adjustable buoyancy to minimise damage from cyclones, heat waves and marine traffic. Deployment of such floating artificial reefs in the upper photic zone could support the nascent ocean carbon market in Australia when used with other ocean-based and ocean-derived negative emissions technologies such as deep-water sequestration of biomass. However, this requires regulatory reform to shift the balance of existing carbon markets that are largely focused on terrestrial approaches. This article examines the potential use of floating artificial reefs under blue and ocean carbon methodologies and the Carbon Credits (Carbon Farming Initiative) Act 2011 (Cth) in Australia. It examines the existing abatement model and the complexity of state and other sub-national permitting regimes, and suggests regulatory reform opportunities to streamline processes to allow carbon abatement to be delivered by floating artificial reef projects. It concludes with some general observations for future floating artificial reef projects that will have wider relevance to jurisdictions seeking to restore coastal and marine ecosystems and unlock access to ocean-based carbon markets. |
format |
Conference Object |
author |
Wang, Brydon |
spellingShingle |
Wang, Brydon Regulatory Reform and the Potential Use of Floating Artificial Reefs under Blue Carbon and Ocean Carbon Methodologies |
author_facet |
Wang, Brydon |
author_sort |
Wang, Brydon |
title |
Regulatory Reform and the Potential Use of Floating Artificial Reefs under Blue Carbon and Ocean Carbon Methodologies |
title_short |
Regulatory Reform and the Potential Use of Floating Artificial Reefs under Blue Carbon and Ocean Carbon Methodologies |
title_full |
Regulatory Reform and the Potential Use of Floating Artificial Reefs under Blue Carbon and Ocean Carbon Methodologies |
title_fullStr |
Regulatory Reform and the Potential Use of Floating Artificial Reefs under Blue Carbon and Ocean Carbon Methodologies |
title_full_unstemmed |
Regulatory Reform and the Potential Use of Floating Artificial Reefs under Blue Carbon and Ocean Carbon Methodologies |
title_sort |
regulatory reform and the potential use of floating artificial reefs under blue carbon and ocean carbon methodologies |
publishDate |
2023 |
url |
https://eprints.qut.edu.au/240568/ |
genre |
Arctic |
genre_facet |
Arctic |
op_source |
International Conference on Ocean, Offshore and Arctic Engineering |
op_relation |
https://eprints.qut.edu.au/240568/1/B01_OMAE2023_104421_Brydon_Wang.pdf Wang, Brydon (2023) Regulatory Reform and the Potential Use of Floating Artificial Reefs under Blue Carbon and Ocean Carbon Methodologies. In International Conference on Ocean, Offshore and Arctic Engineering, 2023-06-11 - 2023-06-16, Melbourne,Australia. (Unpublished) https://eprints.qut.edu.au/240568/ Faculty of Business & Law; School of Law |
op_rights |
free_to_read Consult author(s) regarding copyright matters This work is covered by copyright. Unless the document is being made available under a Creative Commons Licence, you must assume that re-use is limited to personal use and that permission from the copyright owner must be obtained for all other uses. If the document is available under a Creative Commons License (or other specified license) then refer to the Licence for details of permitted re-use. It is a condition of access that users recognise and abide by the legal requirements associated with these rights. If you believe that this work infringes copyright please provide details by email to qut.copyright@qut.edu.au |
_version_ |
1782329553170989056 |