Entrade, Environmental Offsetting and Trading

onesiedale

Member
Livestock Farmer
Location
Derbyshire
But who is saying that your farm is carbon neutral or negative to have the ability to actually trade your actual surplus. Only that guarantees your not selling a lie.

All the scheme looks at is the woodland and its carbon account not the whole farm as a bundle.
The farm maybe intensive pigs and maybe when it’s calculated out the farm is a net co2 contributor, even with the woodland, if that’s the case the credits the new woodland being should not be for sale.
At some point all businesses will come under the Co2 accounting system, I would be wary selling something that I may need myself.
However, if I'm in the last couple of years of an FBT and I sell every credit my acres can show on paper then BOOM! 🤣🤣
Where does that leave the viability of the farm for the next tenant (or even the landlord 😰)
 

Dave645

Member
Arable Farmer
Location
N Lincs
Say you have schemes that capture 1000 C credits in 30 years (I'm making up figures to illustrate) via soil OM increase from say 2% to 5% and a new woodland, these will accrue to you as the soil OM% (C%) increases over time and for that C captured by woodland.

Yr 1. 1 credit
Yr2. +2 credit (total 3)
Yr4. +3 credit (total 6)
Yr5. +4 credit (total 10)
Yr.6 + 7 credit (total 17)
.........
Yr.10 +30 credit (total 90)
..........
Yr.20 +300 (total 400)
........
Yr.30 +500 (total 1000)

The credits accrue to your business, you can take whatever you need to offset against your enterprise mix and sell the remainder.

As you can see there will be relatively less C credits in the first few years so prices should be high and as these credits become more numerous the value may drop, but govt can legislate to maintain their value if necessary to do so I guess.

You can't sell what you haven't accrued......
What happens to the credits if a tree gets cut down and is burned?
The only way to permanently capture Co2 is turn it into coal or stone or never let the wood rot or be burned. It’s hard to see the real value in credits over any long term past 100 years or so.
 

Brisel

Member
Arable Farmer
Location
Midlands
However, if I'm in the last couple of years of an FBT and I sell every credit my acres can show on paper then BOOM! 🤣🤣
Where does that leave the viability of the farm for the next tenant (or even the landlord 😰)

Where does it say in your tenancy that the credits are yours to sell? Or where does it say that they aren't???

I don't think you'd ever do a deal in your situation, but I appreciate that it's a dilemma worth considering. There is a thread about this here;

 

onesiedale

Member
Livestock Farmer
Location
Derbyshire
What happens to the credits if a tree gets cut down and is burned?
The only way to permanently capture Co2 is turn it into coal or stone or never let the wood rot or be burned. It’s hard to see the real value in credits over any long term past 100 years or so.
This is the fundamental flaw in anything that is actually 'alive'. Whether it be cows farts or managed woodland, carbon had a natural cycle..
Ultimately it is soil, then rock that stores it.
 

Dave645

Member
Arable Farmer
Location
N Lincs
This wouldn't surprise me at all, if RT continue to spread their tentacles the way they are currently.

What do you understand of Theresa May's parting gift to the country to partly legislate that we become net zero as a nation by 2050? Obviously Westminster will move the goalposts as necessary, but I can see mission creep appearing before then for certain markets to demand that their suppliers have the correct paperwork to say that they are at leats net zero. I can see it coming into fresh produce & added value contracts e.g Waitrose, before commodity level grains, milk, eggs & meat.
I see those goals being tied to what ever form subsides take, but Co2 will end up front and centre at some point, and if Co2 credits become a thing that effects even farms then I think I need to do a Co2 budget now to see where I fall and plan forward.
If it takes 10 years for a woodland to really start to kick out credits then maybe we need to plan now not 2030 or 2040.
 

onesiedale

Member
Livestock Farmer
Location
Derbyshire
Where does it say in your tenancy that the credits are yours to sell? Or where does it say that they aren't???

I don't think you'd ever do a deal in your situation, but I appreciate that it's a dilemma worth considering. There is a thread about this here;

Exactly. This is where the problem of landowners having the 'carbon rights' are in direct conflict to the interests of the land managers (those actually farming)
Oh, and it certainly doesn't mention carbon credits in my tenancy, but I'll bet it would be in the next one
 

delilah

Member
It's all bollox and it needs stopping now. It needs a national moratorium in the same way as we have a national moratorium on hormones in beef and GM crops and for the same reasons. Because if we don't have a national moratorium then anyone who signs up for this bollox is at an unfair advantage in that their farming is subsidized compared to their neighbour. Anyone who wants to see a speeding up of the 'consolidation' and 'rationalizing'of farming, then support this bollox, it will be another reason for the small person to be left behind. And the only way we will get a national moratorium is for our national bodies to all come out against this bollox now. Did I say, it's bollox.
 

Brisel

Member
Arable Farmer
Location
Midlands
I see those goals being tied to what ever form subsides take, but Co2 will end up front and centre at some point, and if Co2 credits become a thing that effects even farms then I think I need to do a Co2 budget now to see where I fall and plan forward.
If it takes 10 years for a woodland to really start to kick out credits then maybe we need to plan now not 2030 or 2040.

Are you considering planting now, just in case? That's taking a big punt if you fall down later over one tiny detail unless you have other reasons to plant.
 

Brisel

Member
Arable Farmer
Location
Midlands
It's all bollox and it needs stopping now. It needs a national moratorium in the same way as we have a national moratorium on hormones in beef and GM crops and for the same reasons. Because if we don't have a national moratorium then anyone who signs up for this bollox is at an unfair advantage in that their farming is subsidized compared to their neighbour. Anyone who wants to see a speeding up of the 'consolidation' and 'rationalizing'of farming, then support this bollox, it will be another reason for the small person to be left behind. And the only way we will get a national moratorium is for our national bodies to all come out against this bollox now. Did I say, it's bollox.

1613825525202.png


:p
 

DaveGrohl

Member
Mixed Farmer
Location
Cumbria
That where working out the farm C budget is necessary:

https://www.farmcarbontoolkit.org.uk/

You can DIY it easily enough, it will need time to sit down and do though.
So........ these carbon toolkits....... which one is actually correct? Does anyone believe any of them are correct? Do,we get to see the formulae hidden in behind the front of the spreadsheet? Or is Joseph Poore doing the spreadsheet? How the Hell does the world arrive at an accepted standard for measuring carbon that everyone agrees with?
 

N.Yorks.

Member
So........ these carbon toolkits....... which one is actually correct? Does anyone believe any of them are correct? Do,we get to see the formulae hidden in behind the front of the spreadsheet? Or is Joseph Poore doing the spreadsheet? How the Hell does the world arrive at an accepted standard for measuring carbon that everyone agrees with?
Think the value of them at the moment is that by using them you get a feel for what is going on with your business. So that when this all takes off you have more than half an idea what is going on and where you may need to rethink things. Better than being hit by a juggernaut you saw coming but chose to file under B for bin...... or should I say B for Bollox. :ROFLMAO:

I'm not saying any are the gold standard........
 

holwellcourtfarm

Member
Livestock Farmer
That where working out the farm C budget is necessary:

https://www.farmcarbontoolkit.org.uk/

You can DIY it easily enough, it will need time to sit down and do though.
Ah, but Becky Wilson of the Farm Carbon Toolkit clearly agreed on a webinar earlier this month that all of these calculators are approximate and some more so than others. She said we can't take their output as gospel and should only use it to provide a trend in what our land is doing by comparing it each year.

Robust carbon accounting is a very complicated, time consuming and expensive business where soil carbon stocks are involved.
 

N.Yorks.

Member
What happens to the credits if a tree gets cut down and is burned?
The only way to permanently capture Co2 is turn it into coal or stone or never let the wood rot or be burned. It’s hard to see the real value in credits over any long term past 100 years or so.
Yes, thinnings along the way will probably be burnt or used for fibre, thinning them increases the biomass accumulation of the trees left behind and allows those left to grow better and bigger. As I said earlier in the thread if the eventual timber crop is used in construction then all the better........ and that is being viewed as highly possible as concrete becomes less attractive in the future.

"The best time to plant a tree was 50 years ago but next best time is today." - quote often heard!
 

holwellcourtfarm

Member
Livestock Farmer
So........ these carbon toolkits....... which one is actually correct? Does anyone believe any of them are correct? Do,we get to see the formulae hidden in behind the front of the spreadsheet? Or is Joseph Poore doing the spreadsheet? How the Hell does the world arrive at an accepted standard for measuring carbon that everyone agrees with?
That's the rub, Nobody can agree at the moment.

Rothamstead North Wyke are doing huge work on this with people like Prof Jenni Dungait but the current answers are: it's variable.

Generally soil carbon levels are rootcrops< Conventional arable< arable rotations with leys< No till arable < permanent pasture = woodland. There's huge variation in each group though. Poorly managed PP can have lower carbon stocks than well managed rotational arable. 🤪🤪

Throw in that soil type has a huge influence with sand < loam < clay, again with big variations, and nothing is simple.

Even if you take soil samples (which are essential for any approximation to accuracy) then how many and to what depth (15cm? 30cm? 50cm? ) and use which lab and assessment method? They all give different results.

"We need more research" say the researchers! :unsure: :rolleyes:

Not a surprise.
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
The way I see it is a bit like the way I see ELMS. You can’t have your cake and eat it. So yes if farmer Giles plants a wood he might be sequestering carbon and get paid for it but he won’t be carrying on with agriculture as we know it which struggles to even get to nett zero as things stand.
Our organic matter levels here are stable, and quite good but they aren’t rising very much so where is all this sequestration going to come from without doing something radically different like becoming a forester. It all sounds like desperation to me. Casting around to see how they can carry on as they are without having to do anything fundamental about themselves- like stop burning fossil fuel.
 

holwellcourtfarm

Member
Livestock Farmer
The way I see it is a bit like the way I see ELMS. You can’t have your cake and eat it. So yes if farmer Giles plants a wood he might be sequestering carbon and get paid for it but he won’t be carrying on with agriculture as we know it which struggles to even get to nett zero as things stand.
Our organic matter levels here are stable, and quite good but they aren’t rising very much so where is all this sequestration going to come from without doing something radically different like becoming a forester. It all sounds like desperation to me. Casting around to see how they can carry on as they are without having to do anything fundamental about themselves- like stop burning fossil fuel.
If you are a conventional arable farmer (let alone a veg or root crop grower) in the UK then you can significantly increase the sequestration of carbon in your soil. It requires a big change in management though....

For long term PP farms planting trees could actually lose you soil carbon!
 
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holwellcourtfarm

Member
Livestock Farmer
Just mulling over the reverse auction thing. What would happen if we farmers set up an online page for sharing our thoughts on an acceptable price for an open auction and so fixed it to a decent level? Would the CMA step in claiming it was "anti-competetive"?
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
Of you are a conventional arable farmer (let alone a veg or root crop grower) in the UK then you can significantly increase the sequestration of carbon in your soil. It requires a big change in management though....

For long term PP farms planting trees could actually lose you soil carbon!
Yes we can increase the carbon sequestration in our soils to some extent, maybe ramping it up over a decade but I think it just reaches a new ceiling and equilibrium which is why my 200 year old deciduous wood isnt up to its neck in leaf mould but has a stable 6” layer of organic matter with mineral sand underneath. Dehydrate that layer of organic matter and it might be an inch thick.
It would interesting to do some real analysis on that rather than listen to the high priests.
 

holwellcourtfarm

Member
Livestock Farmer
Yes we can increase the carbon sequestration in our soils to some extent, maybe ramping it up over a decade but I think it just reaches a new ceiling and equilibrium which is why my 200 year old deciduous wood isnt up to its neck in leaf mould but has a stable 6” layer of organic matter with mineral sand underneath. Dehydrate that layer of organic matter and it might be an inch thick.
It would interesting to do some real analysis on that rather than listen to the high priests.
Anyone who claims to know the answers is talking, to quote @delilah , utter b0ll*cks.

Some of the academic researchers have a reasonable working understanding.......


Many don't it seems!
 

DRC

Member
Depends if the landowner can be bothered to do it for himself...... bit like the farming bit which they didn't want to do in the first place........?

Maybe the tenant has a joint venture with the landlord..... framed in a different way to current tenancies?
I was more thinking about the time scale, with up to 30 years mentioned .
 

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