Carbon credits

[S J H]

I have posted this idea before, i wouldn't have the knowledge or appetite to pursue it, as it would be a bit of a scheme which I'm not really into.

So if you have a company, work out their total produce of carbon. Then work out how many acres of land they would need to crop or grow trees to offset that amount of carbon. Then that company pays the farmer an amount per acre, so they are therefore paying for a crop/trees to be grown to offset that amount of carbon.

I understand there are other schemes for carbon offsetting such as having a tree planted or helping developing countries, but I've never heard of something UK based.

Does anyone know of a similarly scheme? Tia

 

[Grass And Grain]

Don't know. I recon a few schemes will materialise in the near future.

Sounds good, but not certain how valid the concept is. Presumably if land is going to grow trees or a crop for carbon offsetting, then it was probably previously growing something and capturing carbon.

 

[S J H]

Don't know. I recon a few schemes will materialise in the near future.

Sounds good, but not certain how valid the concept is. Presumably if land is going to grow trees or a crop for carbon offsetting, then it was probably previously growing something and capturing carbon.

Yes that would be the idea, so we're basically paid for something we're already doing. I'd rather see it done commercially now, rather than forced by government in the future.

It would all be in the marketing, if you have one major company that had a logo of carbon neutral, then the others would want in aswell. They could have their own marked piece of land, rather than buying a tree to be planted in Brazil, they would know locally where the land was.

 

[bigw]

I worked for a chap in OZ over 15 years ago that was on about carbon credits, don't think it ever materialised for him. He was also on about setting up a large solar farm too.

 

[Tomr10]

I think this needs expanding. I shouldn't have to pay for drivin in citys due to the forests and grass on our land.

 

[Yale]

This guy might be interested.

 

[S J H]

This guy might be interested.

That was paying for carbon credits, that would go to who knows where. Probably to plant some trees that would never be seen again.

 

[hendrebc]

Most crops would have too much carbon burnt planting and fertilizing them to be of any value is carbon credits. Permanent pasture is where the potential is
I read something about a scheme in America that farmers were getting paid $15 a tonne for carbon sequestration. But they had to sign very tying contracts which said they had to sequester so much carbon a year and keep it there for at least 30 years. It sounded to me like am excuse to look like the big companies were trying to do something and it wasn't something I would have signed up to. Not at $15 a tonne anyway. Would need to be 10 times that at least to be worthwhile I would guess.

 

[S J H]

Most crops would have too much carbon burnt planting and fertilizing them to be of any value is carbon credits. Permanent pasture is where the potential is
I read something about a scheme in America that farmers were getting paid $15 a tonne for carbon sequestration. But they had to sign very tying contracts which said they had to sequester so much carbon a year and keep it there for at least 30 years. It sounded to me like am excuse to look like the big companies were trying to do something and it wasn't something I would have signed up to. Not at $15 a tonne anyway. Would need to be 10 times that at least to be worthwhile I would guess.

I was going to say permanent pasture, but I didn't want to exclude the zero tillers.

I haven't looked at figures, i wouldn't have an idea how to value it, as it would all depend on how much a company would warrant spending to preserve an image. I wouldn't want to see any regs on the land, only the fact that it would stay cropped all year round. I just thought it was an income for pasture and woodland that we are missing.

 

[Tim W]

Call my a cynic but it sounds like a rip off to me
But as long as it is zero cost to the taxpayer it would be an acceptable exploitation

 

[S J H]

Call my a cynic but it sounds like a rip off to me
But as long as it is zero cost to the taxpayer it would be an acceptable exploitation

I wouldn't call it a rip off, but it would be a label put on a product to make the customer feel better about themselves, it's basically selling something that's already there.

 

[Treemover]

This was discussed in Ireland among foresters; and as the govt funded most of the forestry planting; they were going to rule to collect the carbon credits!!!

If landfill is €200 a ton; I’d say we should be getting the same or more to sink.

 

[hendrebc]

I was going to say permanent pasture, but I didn't want to exclude the zero tillers.

I haven't looked at figures, i wouldn't have an idea how to value it, as it would all depend on how much a company would warrant spending to preserve an image. I wouldn't want to see any regs on the land, only the fact that it would stay cropped all year round. I just thought it was an income for pasture and woodland that we are missing.

I think the people in this article were hoping to sequester a tonne per acre per year. (You could probably do more than that) at $15 it's not a lot of money to tie yourself into something for 30 years...
As long as it's paid by private companies I don't see a reason why we shouldn't be paid for it. People make a hell of a lot of money releasing this carbon so why not get paid to put some back. Thinking of the money made releasing it all $15 is hardly a token gesture to get people to shut up is it.

 

[S J H]

I think the people in this article were hoping to sequester a tonne per acre per year. (You could probably do more than that) at $15 it's not a lot of money to tie yourself into something for 30 years...
As long as it's paid by private companies I don't see a reason why we shouldn't be paid for it. People make a hell of a lot of money releasing this carbon so why not get paid to put some back. Thinking of the money made releasing it all $15 is hardly a token gesture to get people to shut up is it.

Yes at those figures I can't see it really being worth it, I just thought it would be an income for not doing anything, and it would also publicise that we are absorbing carbon.

 

[Tim W]

I wouldn't call it a rip off, but it would be a label put on a product to make the customer feel better about themselves, it's basically selling something that's already there.

I know where you are coming from but it doesn't sit right with me

A manufacturer pollutes somehow in his process but we will let him get away with it if he pays land managers to do something they already do?
I would prefer we stop him/her polluting to start with ?

As a ''feel good /guilt deflection'' service it's fine i guess ?
It's a bit like those very wealthy folk that got rich in selling bombs/using slave labour then buying farms and running them organically

 

[hendrebc]

Yes at those figures I can't see it really being worth it, I just thought it would be an income for not doing anything, and it would also publicise that we are absorbing carbon.

Someone might come up with something one day but I don't think it will be something to just jump in at without reading all the small print of the contract first.

 

[Roger Perry]

Ranch not far from me (4000 ac) they are planning on installing half into solar and taking the carbon credit on the other half, will still run cattle as normal.

 

[Clive]

I have posted this idea before, i wouldn't have the knowledge or appetite to pursue it, as it would be a bit of a scheme which I'm not really into.

So if you have a company, work out their total produce of carbon. Then work out how many acres of land they would need to crop or grow trees to offset that amount of carbon. Then that company pays the farmer an amount per acre, so they are therefore paying for a crop/trees to be grown to offset that amount of carbon.

I understand there are other schemes for carbon offsetting such as having a tree planted or helping developing countries, but I've never heard of something UK based.

Does anyone know of a similarly scheme? Tia

Sit tight it’s all on its way

The missing links are tradable bond markets and certification / quantification of carbon sequestration

But within the next decade I suspect more land owners (not farmers maybe). Will be making more from selling carbon than the lands rental equ value

Farmers maybe needed to facilitate some of it however I guess

 

[tepapa]

You watch the government will make Carbon capture part of cross compliance to receive any future environmental payment. And being sub junkies farmers will sign over the credits for a brown envelope at Christmas for a fraction of their value.

 

[Tim W]

Sit tight it’s all on its way

The missing links are tradable bond markets and certification / quantification of carbon sequestration

But within the next decade I suspect more land owners (not farmers maybe). Will be making more from selling carbon than the lands rental equ value

Farmers maybe needed to facilitate some of it however I guess

I think you are probably right but that doesn't mean i like it
It stinks of the present land subsidy system ---rewarding investors for land ownership and very little more