Farmers Could Soon Sell Carbon Credits Through CCX

January 5, 2007

Email this story Print this post Add your comments

Farmers that don’t till their fields or take other steps that keep carbon in the ground, should soon be able to sell carbon credits at the Chicago Climate Exchange, The Billings Gazette reports. Industry insiders think that the CCX will soon allow Montana, Wyoming and Colorado farmers to bundle their carbon credits for sale.

American agriculture is looking to be a bigger player in sequestering carbon and selling credits, anticipating the day when the U.S. places a mandatory cap on carbon dioxide emissions and more corporations look for ways to buy credits to offset emissions.

Carbon compounds stay in the soil after plants die. When a plow runs through the soil, the carbon combines with oxygen in the area, releasing carbon dioxide.

So far, about 20 Montana farmers have shown interest in being part of the program. No one will get rich. Under current prices, a farmer could get $250 to $350 a year for 100 acres.

Farmers will have to go through an application process to verify that their operation meets standards set by the Chicago Climate Exchange.

Email this story Print this post Add your comments

Advertisers

Make sustainability part of your strategy.

Get equipped at the SAP Sustainability Resource Center. >>

Unclear about the EPA's new GHG Rule?

Learn how it could affect your business. >>

EPA mandatory emissions reporting starts Jan 1st

CSA Standards can help your organization get ready for compliance. Find out how. >>

Product Environmental Compliance Best Practices

How to achieve compliance at a significantly lower cost. Download the full report. >>

Join the Discussion

Recent Daily News [ see all ]

11/20/2009
11/19/2009
11/18/2009

Charts [ see all ]

European Paper Industry Cuts CO2 Emissions by 42% since 1990

S. America Takes Most Urgent View of Copenhagen Talks

Nike Tops Annual Climate Action Scores

Oceans May Trap more Carbon than Forests

Jobs

View All Jobs >> Post a Job >>

Comments and Discussions

Trade Association on Trade Group on EPA Chemical Regs: ‘If Everything is a Priority, Then Nothing is a Priority’
"Seriously… that..."

Gary Markowitz on Supermarkets Tackle Emissions Reductions, Fuel Efficiency
"Supermarkets waste over 10 percent of their energy through improper..."

peter in ireland on Ontario May Follow California’s Lead on TV Energy Efficiency
"Governor Schwarzenegger is shooting himself in the foot! 1...."

Environmental Leader on S. America Takes Most Urgent View of Copenhagen Talks
"The survey respondents (the PDF report mentions 4,000 respondents in 38..."

Jake on UPS Trying New Hydraulic Hybrid Trucks
"A point of clarification: the Reuters press release referenced herein reports that 20 UPS will purchase..."

Custom Organic Shirts on S. America Takes Most Urgent View of Copenhagen Talks
"90% of North Americans believe it is urgent to get a global climate..."

peter dublin on California City’s Green Building Ordinance Applies to Commercial Buildings
"Why energy efficiebnt regulation on buildings –..."

Environmental Leader