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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