Jacob Bunge, Wall Street Journal, has a nice piece of farmers using their lands as a carbon sink in order to earn cash, here…
“U.S. farmers make their living raising crops from the soil each year. Now, some are getting paid for putting something back into their fields: carbon.
Big agriculture companies including Bayer AG BAYRY 1.28% , Nutrien Ltd. NTR -2.45% and Cargill Inc. are jockeying with startups to encourage crop producers to adopt climate-friendly practices and develop farming-driven carbon markets. Those efforts would let retailers, food makers and other companies offset their greenhouse gas emissions by paying farmers for their fields’ capacity to withdraw carbon dioxide from the atmosphere and trap it in the soil.
The concept envisions the U.S. Midwest’s swatches of cropland doing double duty as a vast carbon sink. Plants’ process of photosynthesis withdraws carbon dioxide from the air, combines it with water and sunlight to produce energy, and ultimately embeds carbon in dirt through roots, while releasing oxygen back into the atmosphere. Soil, if left undisturbed, can retain the converted carbon for years.”
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