In Europe, the carbon market overseen by the EU generated €57 billion ($59 billion) in revenue over the past 8 years, and prices paid to farmers are flirting with $100 per metric ton.
No-tillers could gain additional revenue by participating in the sale of carbon credits from their fields. While the additional revenue currently averages only $1.25 to $2 per acre, the money can be generated with only a little paperwork.
The still-germinating carbon credits market favors no-tillers, who ought to get on board early to make the most of the long-term financial rewards. That’s the advice from Mark Wilson, president of Land Stewards, a Columbus, Ohio-based consulting firm hired by the non-profit Ohio No-Till Council to study the subject.
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On this edition of Conservation Ag Update, brought to you by CultivAce, No-Till Farmer’s Conservation Ag Operator Fellow, Ray McCormick, showcases how he’s taking conservation ag to the next level in Vincennes, Ind., with ponds, solar panels, duck hunting and more.
Needham Ag understands the role of technology in making better use of limited resources within a specific environment by drawing on a wealth of global experience to overcome the challenges facing today's farmers, manufacturers and dealers.
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