Growing Returns

Selected tag(s): carbon markets

How regional accounting can boost the integrity of the voluntary soil carbon market

As enthusiasm for agricultural soil carbon as a climate mitigation strategy grows, carbon registries and private companies are developing carbon crediting protocols to bring soil carbon credits into the voluntary market. Credits need to accurately represent net greenhouse gas reductions and be equivalent to each other.

An analysis by Environmental Defense Fund and Woodwell Climate Research Center found that this isn’t the case across the board, which creates uncertainty and confusion in the marketplace.

In a new paper published in Science, scientists at these organizations recommend a regional framework to boost market integrity and support farmers, governments and the private sector in delivering high-quality credits.

Read More »

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How Congress can ensure voluntary carbon markets work for farmers and the environment

Voluntary agricultural carbon markets, although currently in their infancy, have the potential to increase adoption of climate-smart agriculture practices by generating new revenue streams for producers who cut emissions or sequester carbon, while also increasing climate resilience.

Voluntary carbon markets, however, currently involve multiple carbon registries and protocols for different types of emissions reduction and carbon removal practices, with variable measurement and accounting approaches. This variation means that farmers, other credit developers and purchasers risk investing in poorly quantified and potentially reversible climate benefits.

Congress and the U.S. Department of Agriculture must act now to help ensure voluntary agricultural carbon markets work for farmers and the environment. Today, I testified before the House Agriculture Committee about three ways that they can best do this. Read More »

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Top 5 priorities for USDA to support climate-smart farms and forests

“America’s farmers, ranchers, and forest landowners have an important role to play in combating the climate crisis and reducing greenhouse gas emissions, by sequestering carbon in soils, grasses, trees, and other vegetation and sourcing sustainable bioproducts and fuels.”

— President Biden’s Executive Order on Tackling the Climate Crisis

President Biden’s Executive Order on Tackling the Climate Crisis at Home and Abroad directed Agriculture Secretary Tom Vilsack to seek public input on the U.S. Department of Agriculture’s strategy for supporting climate-smart agriculture and forestry.

Here are the top five priorities that USDA should be focused on. 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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Why collaboration between ag equipment and tech companies is a good thing for the environment

Binary codeIn order for the agriculture sector to deliver on the growing demand for sustainable grain and participate in emerging carbon markets, growers need a way to demonstrate that their management practices are benefiting the environment.

Scientists have identified multiple practices that farmers can implement to maximize yield while minimizing impacts to air and water. Meanwhile, companies such as Trimble Ag, John Deere, SST Software, and countless others have developed a wide array of sensing tools and data collection methodologies to calculate and monitor the environmental benefits of these practices.

Yet as one might expect in any emerging market, the tools aren’t fully communicating with each other, thereby limiting their true potential.

The good news is that the makers of these technologies have started collaborating with agricultural practitioners to make their systems more compatible. Even in this fragmented industry, companies are starting to work together to streamline data collection – and this has enormous implications for sustainability.

Here’s why. Read More »

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Remembering an agricultural pioneer

Credit: University of New Hampshire

Dr. Changsheng Li. Credit: University of New Hampshire

You may not know the name Dr. Changsheng Li, who passed away last week after a courageous battle with cancer, but his legacy will live on for generations.

A professor at the University of New Hampshire (UNH), Dr. Changsheng developed and refined a model that has been used in more than 20 countries to calculate methane and nitrous oxide emissions from crop production.

A UNH faculty award from 2009 noted that “it is rare to meet a person who fairly radiates humility and compassion. Changsheng Li of the Institute for the Study of Earth, Oceans, and Space is just such an individual.” He will be sorely missed by his friends at Environmental Defense Fund – and across the entire agricultural world.

His work took on new meaning and unprecedented momentum over the past few months with several big developments in the field of agricultural carbon markets – successes that would not have been possible without his pioneering work.  Read More »

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