To monetize carbon sequestration, farmers must prove they are doing it. That means data, tracked over time. From a soil science perspective, the benefits of carbon in terms of fertility and microbiology are well known, said Sam Duncan, chief executive officer of FarmLab in Armidale Australia. It’s the reason soil carbon levels are often included […] Read more
Tag Archives carbon credits — page 3
New carbon market will not credit past farming practices
Ottawa says Federal Greenhouse Gas Offset System will consider projects that are quantifiable, unique and permanent
Draft regulations for Canada’s new carbon market show farmers won’t receive credit for removing any greenhouse gas emissions before 2017. Jonathan Wilkinson, the federal minister of environment and climate change, announced March 5 the offset market, known as the Federal Greenhouse Gas Offset System. However, producers won’t be getting any credit for being zero-till or […] Read more
U.S. ag secretary wants soil carbon market
Federal agriculture department asks farmers and ag groups for input on how to structure a carbon sequestration market
Only a minute into his speech on March 1, U.S. agriculture secretary Tom Vilsack mentioned carbon sequestration and paying farmers to store greenhouse gases in the soil. Vilsack, who spoke virtually to the U.S. National Farmers Union annual convention, said he will be “very active” on climate change and is determined to create new streams […] Read more
Nutrien enters carbon market
The company has launched a program that works with growers interested in producing and selling carbon offsets in voluntary offset markets
A leading supplier of crop nutrient products says the rollout of a new carbon credit pilot program for farmers is on track for 2021 and has exceeded expectations in North America. Officials with Nutrien say the company was hoping to have about 100,000 North American acres subscribed to its “carbon farm” program in 2021. That […] Read more
New carbon market will not credit past farming practices
Draft regulations for Canada’s new carbon market show farmers won’t receive credit for removing any greenhouse gas emissions before 2017. Minister of Environment and Climate Change (ECCC) Jonathan Wilkinson announced March 5 the offset market, known as the Federal Greenhouse Gas Offset System. But producers won’t be getting any credit for being zero-till, or having […] Read more
Carbon markets begin to take shape
Two players in the agricultural space are launching pilot projects this year to look at the opportunity in Canada’s carbon market as a federal program nears. The federal government expects to publish its draft regulations for a federal carbon offset market this winter, with final regulations to come by fall. Judy Meltzer, senior adviser to […] Read more
Co-op creates grower’s carbon compensation plan
Land O’Lakes aspires to bring soil sequestration program to Canada, initially rolls it out in the U.S.
One of America’s largest farmer-owned co-operatives launched a new carbon sequestration program that enables farmers to generate and sell carbon credits to private sector buyers. Land O’Lakes sustainability business, Truterra, launched its TruCarbon program that will pay farmers US$20 per ton to sequester carbon in their soils, beginning this summer. Jason Weller is the vice-president […] Read more
Giving carbon credit its due
Canada’s coming carbon tax hike has made farm-sequestered carbon is a hot topic and along with it, the question of giving credit where it is due. Stuart Smyth at the University of Saskatchewan is leading a survey project aimed at capturing data from the province’s farmers — information that he said wasn’t properly considered when […] Read more
