The Carbon Offset Consortium and farmland purchase.

teslacoils

Member
Arable Farmer
Location
Lincolnshire
Given the price of building, various planning regs and complicated tax issues...really spec it out and have the best of everything. It ain't the stupidest idea!

They're builders. You, at some stage, will be old and will appreciate ab accessible house. You get the best plot, decent garden, and bungalow to spec. They get the 5ac. Accountants and legal sort it so it's nice and tidy taxwise.

Because in five years or so you'll be looking and won't be able to find one you like. You stay in the area etc.
 

steveR

Member
Mixed Farmer
At the moment they have just made a couple of informal approaches but I think I'll meet the guy to find out more about their idea. The development plan is for 150 homes and permission seems to hinge on this pollution offsetting, so paying out the value of 1 home to get the rest built isn't really a big deal to them. From what i have been told, the District Council have gone overboard on offsetting since the extent of sewage pollution by the water companies over on Southampton Water was revealed recently, and no developments are going ahead without a plan in place
Hallelujah!!

About time too.
 

farmerm

Member
Location
Shropshire
I have said for a while that carbon sequestration can not be leased as a service, especially if it involves tree planting. If land is to be put into forests as a carbon sink then that land needs to be bought either by public or private funds to create new national or private forests. Using a businesses marketing budget to buy up land to improve ones own business environmental credentials is one thing, its little more than greenwash but if your consumers and investors buy into it, that's good business marketing... however if such consortiums think they can pay top rate for land, devalue it as an asset by planting trees and make a profitable return from selling carbon credits, they will be in for bitter disappointment. What confuses me is why would they buy up land in countries with relatively high land values? Is a unit of carbon not a unit of carbon regardless where you sequester it? Why put £6k/ha or more into land in order to slowly grow a handful of trees on a welsh hillside when that same capital would buy many times the area elsewhere in the world. Former rainforest land with much greater sequestering capacity is a fraction of the price... of course such reforesting projects only really offset the emissions from the felling that already occurred, they do not offset any fossil fuel emissions, but lets not scrutinise such trivial details too closely.
 

holwellcourtfarm

Member
Livestock Farmer
I see the Westminister Welsh Affairs Select Committee is holding and inquiry into the impacts of trade and environment policy on family farms in Wales (link below). Those of you farming in Wales should take this opportunity to submit your experience and views to the committee. If you don't then others, probably with no link to family farms, will do it instead and distort the evidence they hear.

If anyone feels like having a go but has no idea where to start then I'm offering to share my experience of submitting evidence to other committees this year to help you start. You have until Friday 24th September.


Call for Evidence​


The economic and cultural impacts of trade and environmental policy on family farms in Wales

The Welsh Affairs Committee is conducting a short inquiry to explore the impact of major policy changes (particularly, but not exclusively, international trade and climate change) on family farms in Wales. By ‘family farms’ the Committee is referring to small and medium sized farms, for example hill farmers, rather than large, industrial size farms.
The inquiry will examine the impact of UK Government policies in areas such as international trade and climate change on the societal connections and traditions in these culturally significant farming communities, and question what, if anything, the UK government can do to support these communities, their unique culture and protect this heritage.
The Committee is inviting written responses to the following questions. Responses should be submitted by 5pm on 24 September.
Terms of reference
  • How unique are family farms and how significant is their contribution to Wales’ cultural life?
  • What are the main challenges facing family farms specifically, and farming communities more generally, in Wales?
  • What are the potential implications of free trade agreements for farmers in Wales?
  • How, if at all, is the UK Government’s climate change policy agenda impacting on family farms, including the future generations of farmers, and rural communities in Wales?
  • What practical steps can the UK Government take to support these communities and how should the UK and Welsh governments work together to support these communities unique culture, including their contribution to the Welsh language, and heritage?
 
It will be funny to watch all the do gooding of carbons and sequestion hit the wall as soon as the covid recession arrives, no more tree planting just hi % and nose to the grindstone
 
Apparently a consortium of large businesses have and are buying up farms, to plant up with trees and claim carbon credits for their businesses. Here in Wales , 18 farms in mid Wales and 10 in Carmarthenshire have been sold.
As this happens rural areas will depopulate, here in Wales the language and culture will be threatened and potentially productive farm land is lost. What do others think?
British Airways, have bought 3 farms in Brechfa in the last 6-12 months. Money talks, I'm afraid.
 

Henery

Member
Livestock Farmer
Location
South shropshire
So Welsh farmers are selling their farms for carbon sequestration at inflated figures…. Like home owners selling to SE holiday home owners….. they don’t have to….they could sell farm / cottage to a good Welsh speaking young local family…… what they do with it is their business…. Just don’t go moaning about it when they take the money and run. It’s a free market, good old fashioned capitalism. It’s a bloody shame…and certainly not progress.
 

holwellcourtfarm

Member
Livestock Farmer
So Welsh farmers are selling their farms for carbon sequestration at inflated figures…. Like home owners selling to SE holiday home owners….. they don’t have to….they could sell farm / cottage to a good Welsh speaking young local family…… what they do with it is their business…. Just don’t go moaning about it when they take the money and run. It’s a free market, good old fashioned capitalism. It’s a bloody shame…and certainly not progress.
Not always true. The farmer on Farming Today a few weeks ago sold to another farmer who then sold on to a London syndicate.

Once you sell land you have no control what happens next (unless you include restrictive covenants which tend to greatly devalue it).
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 105 40.5%
  • Up to 25%

    Votes: 94 36.3%
  • 25-50%

    Votes: 39 15.1%
  • 50-75%

    Votes: 5 1.9%
  • 75-100%

    Votes: 3 1.2%
  • 100% I’ve had enough of farming!

    Votes: 13 5.0%

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