The Canadian Alliance for Net-Zero Agri-Food (CANZA) recognizes the carbon credit market can potentially create agricultural revenue streams. As agricultural carbon pricing has slowly developed in recent years, sequestration has typically been measured by lab analysis of soil samples. Though effective, it is a slow and costly process. A rough estimate of $3.30 per acre for sample analysis would be combined with the cost of sampling and further processing. Farmers who wish to participate in the carbon assets market may require speedier data delivery at a lower cost.

At first glance, the farmer’s role in helping Canada reach its ambitious goal of net-zero CO2 emissions by 2050 appears simple: lower emissions and adopt technology and alternative management practices that boost soil carbon sequestration. Many believe addressing the carbon equation offers economic advantages, too. Farmers who cut back on inputs subject to the carbon tax save money, and those who adopt so-called regenerative practices may participate in the growing carbon economy by collecting and selling carbon credits. While this sounds straightforward, it is anything but.