Agriculture
is poised at a period of enormous transformation that could generate
new markets and new values
that
many of us never envisioned.
Current estimates of U.S. Greenhouse Gas markets
indicate that U.S. farms have the potential to mitigate as much as
40% of
our nation's total climate impact with practices such as soil carbon
sequestration or methane capture.
What does this mean? It could mean dollars for farmers - and environmental
dividends. Under cap-and-trade legislation before the Congress,
U.S. agricultural producers could tap billions annually in offset
markets and allowance income. However, these new markets are not
assured. Some oppose development of robust agricultural offset
markets.
|