One fifth-generation farmer has managed to capitalize on what plants do best: trapping carbon dioxide from the air. If plants have been doing this forever, what is the big deal? The fact is that the farmer is now able to monetize this natural process by selling carbon credits to Shopify Inc. The farmer states that he is waiting to see a check for over $290,000, which was obtained through the sale of these credits between the years 2014 and 2019. The farmer learned this craft through the aide of the Locus Agricultural Solutions program, which guides farmers through the process of selling carbon credits.
How does carbon absorption occur?
The program mentioned above teaches farmers which nutrients they can place into their farms in order to capture the carbon dioxide. However, that is only a small part of the equation. In addition, farmers avoid tilling their soil, which is a manner in which carbon dioxide escapes. They also utilize their animal’s manure to fertilizer their farm. Following these steps allow a farmer to accumulate carbon credits little by little.
The restoration of healthy farming techniques
Farmers from across the country are feeling the pressure to produce more with less. This often leads to using techniques that are not necessarily the best for the environment but are required to serve a growing population. Some farmers comment on how selling carbon credits is good for the farmer’s pockets and a return of quality and health of the soil.
Issues plaguing the market
Although selling carbon credits has certainly opened a new income avenue for farmers, the program isn’t perfect just yet. One farmer comments on this matter, saying that he would rather have the government remove certain obstacles that make it difficult to sell. Instead, the farmer would like to see the government redirect funds toward certain areas of the economy, such as the airline industry. That would open up additional markets for farmers to sell their carbon credits.
Carbon credits are still a relatively new part of the economy for both companies and farmers. That is why it may be important to ensure that you have legal representation in the event that the quality of your credits comes into question.