Growing Returns

Selected tag(s): AB 32

California takes giant step toward approving first crop-based carbon standards

CA rice farmA significant milestone was achieved today in the California cap-and-trade market. For the first time, the California Air Resources Board (ARB) considered a land-based carbon offset protocol that will allow U.S. rice growers to earn additional revenue for reducing greenhouse gas emissions from cultivation.

This is a big deal. U.S. agriculture has tremendous potential to not only provide the nation with the food we eat, but also the climate solutions we need to sustain our growth.

Farmers grow carbon credits

The protocol covers rice cultivation practices in both the Sacramento Valley of California and the Mississippi River Valley, which encompasses Missouri, Arkansas, Mississippi and Louisiana. Growers here can implement any combination of three practices – dry seeding, early drainage or alternate wetting and drying – and collect data to be independently verified to create a carbon credit.

Nearly two dozen farmers have already expressed interest and are starting to gear up their operations to generate offsets in the spring of 2015. Read More »

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Fertilizer-efficiency credits seed the market for agricultural offsets

tractorFertilizer use is key to increasing the productivity necessary for farms to feed rising populations.  However, not using the right amount in the right place at the right time is one of the biggest threats to a stable climate. Nitrogen fertilizer not used by crops emits nitrous oxide, a heat-trapping gas 300 times more powerful than carbon dioxide. It also contaminates water supplies, causes algae blooms downstream and erodes soil health.

So, it was welcome news last week when the first greenhouse gas credits for fertilizer efficiency made their debut in the North American carbon market.

Read More »

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