CASH FOR CARBON
Alberta farmers have a new option to be paid for the C02 they sequester. A program by Trimble will compensate those who demonstrate and quantify sustainable on-farm nitrogen management practices.
Alberta farmers have a new option to be paid for the C02 they sequester. A program by Trimble will compensate those who demonstrate and quantify sustainable on-farm nitrogen management practices.
Agriculture produces an estimated 10 per cent of the national greenhouse gas (GHG) emission total, but experts believe it can potentially account for 26 per cent of Canada’s overall reduction target for the federal 2030 Emissions Reduction Plan. Thus, the federal government’s plan to achieve net-zero emissions by 2050 relies on agriculture as a central component of GHG emissions reduction. Given the traction this and other such frameworks have received across the globe, farmers may be faced with a choice: write the playbook as they like, or risk having rules imposed upon them.