Growing Returns

Selected tag(s): conservation innovation grant

These farmers sparked agricultural carbon markets across the U.S.

Rice held by Jim Whitaker of Whitaker Farms

Rice held by Jim Whitaker of Whitaker Farms. Credit: Adam Jahiel.

I want to tell you a story about a handful of growers whose commitment to sustainability and desire to innovate inspired an ag carbon credit movement.

Today, the first ever carbon credits generated from rice farmers were sold to Microsoft, all because of a handful of pioneers who tested out a radical idea – that by implementing conservation methods on their crops, farmers could reduce methane emissions and thereby generate a carbon credit that could be later be sold on the carbon market. Not to mention the fact that these farmers also reduced water use by as much as 30 percent. Read More »

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New project guarantees payment for growers who implement conservation measures

Arkansas rice farmers participating in agricultural carbon markets.

Arkansas rice farmers participating in agricultural carbon markets. Credit: Adam Jahiel

Early adopters of innovative land-based conservation measures are rarely given an adequate reward for participating in agricultural carbon markets. But that’s all about to change, thanks to a nearly $1.2 million USDA Natural Resources Conservation Service Conservation Innovation Grant (CIG) that will leverage private capital investment into agricultural carbon offset practices and ensure that producers are paid for their efforts.

These efforts will guarantee the sale of at least 100,000 tons of credits over the next three years. Here’s how it will work. Read More »

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Agricultural carbon markets get yet another boost

farmIn the past three months, three new revenue opportunities have emerged for growers. In June, the first ever carbon offset protocol for crop-base agriculture in a cap-and-trade market was approved for U.S. rice growers by the California Air Resources Board (ARB). The “rice protocol” announcement was followed shortly after by approval of a voluntary grasslands protocol, which rewards farmers for avoiding the conversion of grasslands to cropland.

And now, USDA has demonstrated its interest in and support of another market-based approach for growers: increasing fertilizer use efficiency. Thanks to a new grant from the U.S. Department of Agriculture (USDA), EDF and partners will be helping almond and corn farmers reduce fertilizer runoff and nitrous oxide emissions, and earn greenhouse gas credits that can generate revenue.

Here’s what this project will entail: Read More »

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