First carbon payments hit farmers’ pockets
November 23, 2021 By Kellan Heavican Filed Under: 2021 NAFB Convention, 2021 Trade Talk, Agriculture, Carbon, Climate, Climate Change, Cover crops, News
A leader in carbon markets says U.S. farmers are receiving some of the first-ever carbon credits this year.
Ryan Stockwell is with Indigo Ag and says these growers started sequestering carbon last year. “This carbon credit market is developing and taking off and some growers are starting to benefit from participating.”
He tells Brownfield may farmers are considering the payoff from entering into carbon contracts. “What we’re seeing is significant demand on the part of businesses looking to buy carbon credits as well as significant participation on the part of growers,” he says. “We stand at 3.5 million acres enrolled today in Indigo Carbon with growers across the Midwest.”
Brownfield interviewed Stockwell at the 2021 National Association of Farm Broadcasters Convention.
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