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Microsoft - Grazing carbon sequestration is better than we thought
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<blockquote data-quote="hendrebc" data-source="post: 7399348" data-attributes="member: 70166"><p>It's a trap. It it could be. I saw an example of a contract that someone had signed up for in America. It was for 35 years and they had to guarantee to store this carbon for that long. It we a one off payment of I think £100 an acre roughly and I don't think there was anything after that. Or it might have been £10 a year something like that not a lot anyway. And annual testing to make sure it's still there. </p><p>Sounds good doesn't it money for nothing. Problem is carbon isn't constant it's always changing with weather and what's growing in the soil at the time and the time of year. If you have a high level one year and the next year it's lower through no fault of your own you would have to buy more credits to make up the difference! 35 years of a hell of a long time to be tied into something like that! They effectively own the soil and you have to look after it for them. </p><p>The shortest scheme I've seen was 5 years but you could still end up in trouble there too. If I was going to do it it would have to be for a short amount of time. Say 12 months and it would have to be them renting it from me and no comebacks if the level has gone down. </p><p>If your going to do something like this then be very very careful what you sign up for.</p></blockquote><p></p>
[QUOTE="hendrebc, post: 7399348, member: 70166"] It's a trap. It it could be. I saw an example of a contract that someone had signed up for in America. It was for 35 years and they had to guarantee to store this carbon for that long. It we a one off payment of I think £100 an acre roughly and I don't think there was anything after that. Or it might have been £10 a year something like that not a lot anyway. And annual testing to make sure it's still there. Sounds good doesn't it money for nothing. Problem is carbon isn't constant it's always changing with weather and what's growing in the soil at the time and the time of year. If you have a high level one year and the next year it's lower through no fault of your own you would have to buy more credits to make up the difference! 35 years of a hell of a long time to be tied into something like that! They effectively own the soil and you have to look after it for them. The shortest scheme I've seen was 5 years but you could still end up in trouble there too. If I was going to do it it would have to be for a short amount of time. Say 12 months and it would have to be them renting it from me and no comebacks if the level has gone down. If your going to do something like this then be very very careful what you sign up for. [/QUOTE]
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Microsoft - Grazing carbon sequestration is better than we thought
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