TFW investors realize carbon is going to $100 a ton, and sooner than they expected impactalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from impactalpha.com Daily Mail and Mail on Sunday newspapers.
He put all of his acres, planted to corn and soybeans, into cover crops. That expansion was the commitment he made when he signed a one-year contract with the Soil and Water Outcomes Fund. The Fund stacks payments to farmers for the multiple benefits they provide capturing carbon in the soil, improving water quality, and other environmental outcomes. “I guess the thing I liked is that it’s got the government involved, but it’s more of a private program. It rewarded us for practices we wanted to do,” Ollendieck says. “We were looking for ways to put cover crops across all of our acres.”
February 17, 2021 |
The Brief
The Brief: Soil-carbon markets, edtech startups, reduce and recycle, expanding EV charging, Goldman’s sustainability bond, pay for success
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Farmers harvest ‘soil carbon’ to meet rising corporate demand for emission offsets. Candidates in last year’s U.S. Senate race in Iowa were asked in a televised debate to cite the clearing price for bushels of corn and soybeans (Sen.
Joni Ernstmuffed her answer). In the next election, they may well be asked the going price for a ton of carbon. Farmers in Iowa are getting up to $20 a ton for carbon they sequester in their soil with cover crops, no-till and other sustainable-agriculture techniques, and can fetch additional payments for water-quality credits. That can mean payments to farmers of up to $50 an acre. More than 1,
Farmers and ranchers harvest soil carbon to meet rising corporate demand for emission offsets impactalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from impactalpha.com Daily Mail and Mail on Sunday newspapers.