Carbon Rates Likely Need to Be higher
A recent survey of ag retailers finds carbon market programs need to offer more incentives for farmers and retailers to participate. Craig Dick with Axiom Marketing tells Brownfield about a third of participants in their survey are actively engaged in carbon credits.
“The majority of them are really wanting to figure out how to get involved in this, but the downside of that is that about 70 percent are really unsure how to go about doing that,” he explains. Since ag retailers manage data for growers, Dick says current carbon rates of $10 to $15 per acre were found to be too low for them to be involved in the process.
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