6 Misconceptions About Carbon Programs for Farmers While the agricultural carbon markets are ripe for opportunity, there are a number of misconceptions about them. Here are six key misconceptions we would like to address with our clients in regenerative agriculture. “Greenwashing” is Rampant in Carbon Offset Markets “Greenwashing” is a term […]
We are proud to have advised The Hemp Team (IND Hemp) with project management, technical, and commercial content for their submission for the $100 MM Carbon Removal XPRIZE, which recently named us as 1 of the top 287 contenders qualified globally!
In the latest and one of the most substantial grant opportunities released this year for agriculture-related ESG work, The USDA announced on February 7th; “the USDA is committed to supporting a diverse set of farmers, ranchers, and forest owners through climate solutions that increase resilience, expand market opportunities and strengthen rural America. The new Partnerships for Climate-Smart Commodities opportunity provides up to $1 billion for pilot projects that create market opportunities for commodities produced using climate-smart practices. USDA is now accepting project applications for the fiscal year 2022.”
Environmentally conscious practices are necessary for the protection of our shared planet. This is an increasingly popular issue stressed by corporations, investors, government, and the general public. However, as a consequence, this often shines an unflattering light onto industries that have fueled human prosperity such as energy, transportation, and infrastructure due to their substantial carbon footprint.
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Due to time constraints and the incentive to produce credits as fast as possible (prices rising), offset project developers (read: farmers who want to generate carbon offset credits) may elect to start a project and verify via a 3rd party later (rather than the traditional route of verifying before starting). However, while this may give farmers a head start, it should be noted that no credits can be issued before the verification step (and subsequent steps) are completed.
The most basic framework to generate carbon offset credit as per the Clean Development Mechanism (CDM) guidelines is as follows…