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Kankakee, IL | Here is a notice for a Forum put on by Illinois Sustainabale Ag Partnership coming up on Feb 12th. I believe the program that is worth looking into is the Soil and Water Outcomes Fund. They are monetizing both carbon credits and water quality credits.
https://ilsustainableag.org/ecomarkets/
The amount of possible carbon sequestered in a soil is partly a function of the beginning soil type, sandy loam will not sequester as much carbon as a silty clay loam, with all other practices being equal. Water quality improvements is a function of the practices the farmer engages in, from tillage to nutrient application.
What I find interesting is that if you move out to the west coast, California and Oregon, the value of a tonne of carbon is much higher than you hear any of these programs stating. I don't pretend to understand the underlying factors for Low Carbon Fuel needs and requirements, but I like the prices that carbon is trading for. At $200/ton I would think you would get most anyone's attention. Nowhere near an apples to apples comparison but, this was brought to my attention by someone with the National Biodiesel Board organization.
https://www.neste.com/investors/market-data/lcfs-credit-price | |
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HOW SOME LEADING CARBON MARKETS COMPARE
