Funded by the Illinois Soybean Association checkoff program.

Scott Gerlt

ASA: Carbon Market Snapshot

The American Soybean Association provided a snapshot for crop producers of the carbon market landscape as of April 2021. Most of the current opportunities are for pilot projects and are not operating fully as a market at this point. Payment amounts vary and can be practice-based (with a fixed amount paid for adoption of certain conservation practices) or outcome-based (providing an amount based on the quantity of carbon sequestered as estimated through models or measured in soil tests). Nori suggests using 0.2 to 1.5 tonnes of annual carbon dioxide sequestration per acre as a rule of thumb for recently [...]

By |April 20, 2021|
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