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Nutrien Enters Carbon Farming Carbon Offset Market (Ind. Report)
Nutrien
Date: 2021-03-12
Saskatoon-based crop nutrient products -- nitrogen, phosphate and potash products -- supplier Nutrien is touting a new "carbon farm" carbon credit pilot program that works with growers interested in producing and selling carbon offsets in voluntary offset markets.

Nutrien was hoping to have about 100,000 acres in Western Canada and the United States corn belt states of Illinois and Ohio subscribed to its "carbon farm" program in 2021.

Under the program, growers will have the option of adopting a variety of agronomic practices scientifically proven to reduce greenhouse gas emissions and can be used to produce offsets ranging from the adoption of minimal tilling low disturbance cropping practices to the use of specialized crop nutrient products such as slow-release fertilizers, nitrogen inhibitors, biological and micro-nutrients, and variable rate fertilizer prescriptions. The entire system will be supported by digital platforms and data collection programs that enable monitoring and quantification.

As the markets for voluntary carbon credits and GHG offsets become more established, it is expected that more farmers and land managers will recognize carbon offsets as a new revenue stream that can supplement net farm incomes, the release notes. Nutrien estimates growers could eventually earn as much as $30 to $50 per acre under its program. Potential revenues will ultimately depend on carbon credit valuations in voluntary markets. (Source: Nutrien Ag Solutions, PR, Website, Mar., 2021) Contact: Nutrien, Mark Thompson, Exec. VP, (306) 933-8500 www.nutrien.com

More Low-Carbon Energy News Nutrien,  Carbon Farming,  Carbon Offset,  Carbon Market,  


Marin Carbon Project Seeks to Slow Effects of Climate Change for Farmers (Ind. Report)
Marin Carbon Project
Date: 2021-02-01
In the Golden State, response to the rapid pace of global climate change, the Marin Carbon Project (MCP) seeking to enhance carbon sequestration in rangeland, agricultural, and forest soils through applied research, demonstration and implementation in Marin County.

To that end, the project is using compost, fertilizer and planting to increase the amount of carbon in the soil and has helped set up 200 carbon sequestration projects at 60 different Marin County farms.

The Marin Carbon Project's vision is for the county's landowners and land managers to serve as stewards of soil health and to undertake carbon farming in a manner that can improve on-farm productivity and viability, enhance ecosystem functions and stop and reverse climate change. (Source: Marin Carbon Project, PR, NBC Bay Area, 28 Jan., 2021) Contact: Marin Carbon Project, www.marincarbonproject.org

More Low-Carbon Energy News Carbon Sequestration,  Soil Carbon,  


GreenCollar's Carbon Farming Projects Find Funding (Int'l. Report)
GreenCollar
Date: 2020-09-02
In the Land Down Under, Australia's leading environmental markets project developer and investor GreenCollar reports it has secured funding for a series of carbon farming projects under the Queensland Government's $500 million Land Restoration Fund (LRF). The approved projects will generate roughly $9.5 million worth of Australian Carbon Credit Units (ACCUs) boosting farm-gate returns for regional Queenslanders and deliver multiple environmental and socio-economic co-benefits over the next 15 years.

GreenCollar has more than 200 hundred projects covering over 6 million hectares under the Australian Federal Government's Emissions Reduction Fund (ERF), accounting for approximately 50 pct of delivered abatement across the Australian carbon market to date. With its landholder partners, GreenCollar develops land-based carbon projects and facilitates the sale of the resulting credits to private and public organisations to offset their environmental footprint. (Source: GreenCollar, Mirage, 1 Sept., 2020) Contact: GreenCollar, James Schultz, Co-Founder and CEO, +61 2 9252 9828, www.greencollar.cp.au

More Low-Carbon Energy News Carbon Farming,  Climate Change,  Carbon Emissions,  Carbon Credits,  


Shell Australia Acquiring Select Carbon (Int'l. Report, M&A)
Shell Australia
Date: 2020-08-03
In the Land Down Under, Perth-headquartered Shell Australia is reporting it will acquire carbon emissions offsetting specialist Select Carbon. The move is Shell's first acquisition for its nature-focused business division which invests in forests, grasslands, wetlands and other natural ecosystems around the world. The acquisition will contribute to Shell's ambition to be a net-zero emissions energy business by 2050 or sooner.

Select Carbon partners with farmers and other landowners to develop carbon farming projects throughout Australia which aim to reduce emissions and capture CO2 while benefiting biodiversity and local communities. Carbon credits generated through Select Carbon's projects are offered through the Australian government's Emissions Reduction Fund and other markets, creating an additional revenue stream for farmers and landowners, according to the Shell release.

Select Carbon has to date developed and manages a portfolio of over 70 projects covering 9 million hectares across various ecosystems and agricultural uses in Australia, according to the Shell release. The acquisition of Select Carbon is subject to Australian regulatory approvals and expected to close before the year end. (Source: Shell Australia, S&P, 3 Aug., 2020) Contact: Shell Australia, +61 8 9338 6600, www.shell.com.au; Select Carbon, +61 414 334 170, www.selectcarbon.com

More Low-Carbon Energy News Carbon Farming,  Carbon Credit,  Shell Australia,  Select Carbon,  Carbon Credits,  


Finger Lakes Climate Fund Touts Carbon Offsets Project (Ind Report)
Finger Lakes Climate Fund
Date: 2019-10-14
In the Empire State, the Ithaca-based Finger Lakes Climate Fund is touting an online carbon offsetting calculator program that allows donors to estimate their carbon pollution and pay a corresponding amount to support local clean energy, energy efficiency and climate related projects.

The Finger Lakes Climate Fund works to promote clean energy projects in the Finger Lakes area while strengthening the regional economy while offsetting greenhouse gas emissions from buildings or travel.

Carbon offset donations are used for grants to fund energy efficiency projects and renewables that would not otherwise be possible in low-to-moderate income households in the Finger Lakes region. These grants help pay for insulation, air sealing, energy efficient heating equipment such as heat pumps and pellet stoves, solar panels, and other upgrades to reduce energy use and greenhouse gas emissions.

The Finger Lakes Climate Fund is also investigating other cost-effective local carbon offset projects such as soil carbon farming. (Source: Finger Lakes Climate Fund, Yale Climate Connection, Oct., 2019) Contact: Finger Lakes Climate Fund, www.fingerlakesclimatefund.org

More Low-Carbon Energy News Carbon OffsetsEnergy Efficiency,  Renewables,  GHG,  Climate Change,  


Carbon Farming in the Golden State (Opinions, Editorials & Asides)

Date: 2019-05-03
"Agriculture is responsible for one-third of global carbon emissions, but an increasing number of farmers and ranchers think it can be a powerful ally in the fight to slow climate change, through a set of techniques called carbon farming.

"The underlying principle of carbon farming is straightforward -- to remove carbon dioxide from the atmosphere, where it drives climate change, and put it back into plants and the pedosphere, the Earth's living soil layer. One way farmers do this is by fertilizing their lands with nutrient-rich compost.

"As plants grow, they store carbon in their leaves and roots and bank it in organic matter, such as decomposing plant pieces in the soil. Soil microorganisms, including bacteria and fungi, also store carbon. This prevents the carbon from escaping into the atmosphere and joining oxygen to form carbon dioxide.

"Carbon farming has taken hold in California, which is increasingly stepping up as a pioneer of progressive climate policy in the U.S., even as the Trump administration denies the reality of climate change.

"Today, more than 80 ranchers and farmers in the state are implementing the practice. And the number is likely to increase, since the 2018 Farm Bill includes provisions for a pilot program that gives farmers an incentive to farm carbon.

"Grassland soils naturally absorb and store carbon in soil organic matter, but common agricultural practices, like plowing and tilling, diminish this ability by breaking apart the soil and releasing its stored carbon into the atmosphere. The good news is that carbon can be reabsorbed by the very same soil. Dozens of farming methods, including composting, managed grazing, no-till agriculture and cover crops, are thought to achieve this feat. Many of them mirror age-old, organic farming techniques.

"The potential for land-based carbon sequestration in California is significant. Rangelands cover about 56 million acres, half the state's overall land area. According to The New York Times, if 5 pct of that soil is treated with compost, the carbon sequestered would offset about 80 pct of the state's agricultural emissions, the equivalent of removing nearly 6 million cars from the road. If scaled to 41 pct, it would render the state's agricultural sector -- now accounting for 8 pct of the state's overall emissions -- carbon neutral for years. This amount is anything but negligible: California is the most populous state in the U.S. and the country's second-largest emitter of greenhouse gases. Overall, it's responsible for 1 pct of global greenhouse emissions.

"Ultimately, carbon farming may only pull a limited amount of carbon from the atmosphere. But in California, grasslands appear to be a less vulnerable carbon storage option than fire-prone forests. With global greenhouse gas emissions on the rise, we need to commit to using carbon farming." (Source: NPR, High Country News, May, 2019)

More Low-Carbon Energy News Carbon Emissions,  Carbon Sequestration,  Carbon Farming,  CO2,  Carbon Emissions,  


Duke U. Acquires 10,000 acre Peatland for Carbon Farm (Ind. Report)
Duke University
Date: 2018-12-14
In Durham, North Carolina, Duke University reports it has acquired the rights to 10,000 acres of peatland in Hyde County for what may be the nation's largest "carbon farming" project that could propel the university to carbon neutrality by 2024.

Carbon farming uses land management and conservation to increase the amount of carbon that agriculture pulls out of the air and locks into the soil and vegetation. Existing carbon farming programs in California, the Midwest and other countries have shown that a 2.5 acre plot of pasture or rangeland can store about one metric tpy of carbon. The NC peatlands, once re-wetted, have much greater potential -- perhaps 15 to 20 times more -- meaning the land could yield hundreds of thousands of metric tpy of carbon.

The Duke project will launch with a 300 acre pilot which could be expanded depending on its results. To date, the university has invested approximately $300,000 on the project which could sell carbon credits to companies. (Source: Duke University, Triangle Business Journal, Dec., 2018) Contact: Duke University, Curtis Richardson, Dir., Wetland Center, ww.researchgate.net/profile/Curtis_Richardson

More Low-Carbon Energy News Peatland,  Peat,  Duke University,  CCS,  Carbon Emissiuons,  CO2,  Climate Change,  

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