INTRODUCTION
The
development of markets for carbon offsets has important implications
for farmers all over the world. Farmers in both the developed and
developing world have the potential to reduce and sequester carbon
through farming practices such as no-till or conservation agriculture,
precision fertilizer application, and methane capture. These practices
can reduce greenhouse gas emissions as well as result in additional
benefits for farm productivity, soil quality, and water quality.
All of these practices have the potential to be credited as carbon
offsets if the right mechanisms were in place, whether in US legislation
or an international treaty.
There are also practices such as avoided
deforestation that have important implications for agriculture.
For example, REDD or Reduced
Emissions from Deforestation and Degradation, is a mechanism that
would credit farmers through the carbon market for keeping tropical
forests standing. REDD has the potential to achieve significant
reductions in the emissions of greenhouse gas emissions from developing
countries.
It also has important implications for US farms like competitiveness
and land use change. Read more about REDD in our white
paper.
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