Growing Returns

Selected tag(s): carbon credit

The science behind agricultural carbon markets

Dry seeding rice reduces early season methane emissions.

Dry seeding rice reduces early season methane emissions.

There’s been a lot of recent attention on the California Air Resources Board’s (ARB) rice protocol, the first ever carbon offset protocol for crop agriculture in a compliance market.

The protocol, approved in June 2015, allows rice farmers who reduce methane emissions to become eligible for carbon credits through California’s cap-and-trade program, though growers from any rice-growing state can participate. The momentum is building. In less than one year, rice growers on more than 22,000 acres have expressed interest in the protocol – representing nearly 1 percent of all rice grown in the U.S.

When the first credits become available for purchase this summer, policymakers and regulated companies can have confidence in the rice protocol’s ability to improve climate stability, and growers can earn extra revenue, thanks to the sound science that measures emissions reductions. Here’s a primer. Read More »

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Why grasslands can bring in the green for growers

grazingcows_8475832_shutterstock.com_RFRebecca Haynes is a High Meadows Fellow with EDF’s Agriculture Greenhouse Gas Markets program.

Next week, hundreds of ranchers, landowners, land trusts, and environmental groups will gather in Stockton, California, for the California Rangeland Conservation Coalition’s annual summit. The event isn’t new, but the enthusiasm from attendees is unprecedented and palpable.

Why such a bustle in the grasses? Because of two recent landmark developments that reward ranchers for avoiding the conversion of grasslands to croplands:

  • In August, the Climate Action Reserve (one of the offset registries that oversees carbon credit development) approved a new voluntary grasslands protocol that offers payment for conservation activities.
  • In September, the Climate Action Reserve received a Conservation Innovation Grant (CIG) from the USDA to create a pilot grasslands project in coordination with EDF. This project will assist participating landowners in generating carbon credits. If adopted by the California Air Resources Board in the future, these credits could be sold in the California cap-and-trade market.

These two developments are part of a rapidly growing trend that offers landowners payments for conservation measures. Protecting grasslands means big wins for the planet and for ranchers, who have been committed partners in conservation and now have the opportunity to receive additional incentives to protect their landscapes. Here’s how it all works. Read More »

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Grasslands protocol opens another carbon market for farmers

GrasslandsGrowers with grasslands on their property have a new reason to leave that land untouched.

On July 22, the Climate Action Reserve, a non-profit organization that creates offset standards and serves as one of the offset registries for California’s cap-and-trade program, approved a new protocol that rewards farmers for avoiding the conversion of grasslands to cropland.

The new “grasslands protocol” highlights a growing trend in agriculture: farmers being paid for reducing greenhouse gas emissions. Read More »

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