Growing Returns

Selected tag(s): grasslands protocol

The market for grassland carbon credits is on the rise. Here’s why.

A new study from UC Davis found that “grasslands and rangelands are more resilient carbon sinks than forests in 21st century California.”

While forests remain vital to global climate mitigation efforts, the increasing frequency and severity of wildfires has heightened the need to explore additional carbon sinks in fire-prone regions. Grasslands lock carbon into the soil, and they don’t release it during wildfires.

Photo credit: Nicole Rosmarino, Executive Director of the Southern Plains Land Trust

It’s because of this resilient carbon-capturing power that grasslands and rangelands are essential to meeting climate goals. Unfortunately, these ecosystems are being converted into croplands at the highest rate in decades. Landowners converted 1.6 million acres of long-term grasslands – those that have existed for 20 years or more – into croplands between 2008 and 2012.

Record high land rental values make land conversion a compelling economic choice, but a new market opportunity may soon change this calculus. Read More »

Posted in Carbon Market / Also tagged , , , , , , , , , , , , , , | Comments are closed

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 »

Posted in Carbon Market, Climate Resilience / Also tagged , , , , , , , , , , , , , , | Comments are closed

How agriculture can help drive a low-carbon economy

Reducing methane emissions from cows is a step in the right directionThe White House Council on Environmental Quality (CEQ) recently released an intriguing report on how the United States can transition to a low-carbon economy by 2050 while continuing economic growth. The report gives a starring role in this job to agricultural lands.

Mid-Century Strategy for Deep Decarbonization” outlines a 3-pronged strategy for reducing greenhouse gas emissions by 80 percent while accelerating job-creating innovation. Calling each strategy “critical,” CEQ first lists the familiar call to transition to renewable and low carbon forms of energy.

The second key strategy, however, is less often discussed: the potential of cropland and grassland soils, as well as forests, to store and sequester hundreds of millions of tons of CO2 annually. The report – informed by decades of scientific research – describes the opportunities to explore in this area. Read More »

Posted in Carbon Market, Climate Resilience / Also tagged , , , , , , , , , , , , , , , | Comments are closed

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 »

Posted in Carbon Market, Climate Resilience / Also tagged , , , , , , , , , , , , , , , , , , , , , | Comments are closed

Got grasslands? How to get paid for keeping them intact.

Heartland Ranch in Colorado.

Heartland Ranch in Colorado. Credit: Nicole Rosmarino

One year ago this month the Climate Action Reserve, the premier carbon offset registry for the North American carbon market, approved the voluntary grasslands protocol: a landmark opportunity for ranchers to get paid for keeping their land as grazing lands, versus converting it to crops.

And now, the protocol is underway. Today, the Reserve officially listed the first two grassland conservation carbon projects– the first step in the process towards generating carbon credits for landowners.

The Southern Plains Land Trust, directed by Nicole Rosmarino, enrolled more than 15,000 acres in Southeastern Colorado in the first two projects. She plans to enroll 7,600 more acres in an additional project in 2017.

Even though ranchers lose the opportunity to convert land for crop production, the protocol provides landowners with a guaranteed revenue source in addition to what they earn ranching on the land. Nicole will work with a project developer to monitor and report on the status of the Southern Plains Land Trust’s grasslands. We expect they’ll start earning credits in early 2017 that can later be sold on the North American carbon market.

Here’s why you can get paid for protecting grasslands, too. Read More »

Posted in Carbon Market, Climate Resilience, Wildlife Protection / Also tagged , , , , , , , , , , , , , , , , , , , | Comments are closed

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 »

Posted in Carbon Market, Climate Resilience, Wildlife Protection / Also tagged , , , , , , , , , , , , , , , , , | Read 2 Responses

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 »

Posted in Carbon Market / Also tagged , , , , , , , , , , , , , , | Read 1 Response