Selling carbon credits

farmerm

Member
Location
Shropshire
For a good explanation of what it involves you should look up a book written in 1837, El vestit nou de l'Emperador....... What is unclear right now is who the Emperor is, is it the companies buying carbon certificates, the consumers of those companies who believe they are buying carbon neutral goods, the land managers providing carbon capture services, indeed the weavers in the middle may have even fooled themselves.....

PS the telegraphs paywall is a little flawed, the full page text is all there to see if you read the page source code.... :ROFLMAO: The article reports that Clive has sold £25,000 of emperors cloth, sorry I mean Carbon Credits... credits on which, to my understanding at least, only require either a 5 or 10 year min til commitment... then if you like plough it all up and release as much soil carbon as you can and start over... Clive is not a daft chap.... getting the gullible to pay to build up soil organic matter which he is trying to do anyway, but for agronomic rather than atmospheric reasons.
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
@Clive can you tell us some more about it? How does it work?

sold via https://www.gentle-farming.com/ which uses the comodicarbon platform to quantity and ISO certificate this seasons carbon sequestration on a field by field basis which we then sell 80% of (allows room for error / never overselling etc)

Only commitment beyond this year to not deep cultivate for 5 years (no intention of doing so anyway!) next year we will sell the sequestration from that years crops. Importantly we are selling sequestration and not storage of what’s already there

not as ove complicated as many seem to want to make this at all
 

robs1

Member
Another environmental con, there is no such thing as carbon neutral goods , the carbon is being absorbed anyway it's just a way for companies to con consumers consciences that they atent contributing to CO2 . Still if we as farmers can get some money for it why not plenty of others make money from legal cons
 

Phil P

Member
Arable Farmer
Location
North West
sold via https://www.gentle-farming.com/ which uses the comodicarbon platform to quantity and ISO certificate this seasons carbon sequestration on a field by field basis which we then sell 80% of (allows room for error / never overselling etc)

Only commitment beyond this year to not deep cultivate for 5 years (no intention of doing so anyway!) next year we will sell the sequestration from that years crops. Importantly we are selling sequestration and not storage of what’s already there

not as ove complicated as many seem to want to make this at all
So they’re paying you for the carbon sequestered in the growing crop which is then going to be removed from the field as grain/straw? Or are you obliged to chop the straw? Or is it about the sequestration through cover crops etc?
 

Phil P

Member
Arable Farmer
Location
North West
I don’t see the fuss, plenty of other industries selling guff and doing well, think bottled water amongst many other services - professional dog walker anyone?

More power to it I reckon, and I don’t really care if the science adds up, if these idiots are prepared to pay take the dollar of them. Fool and his money and all that.
The bit that concerns me is once you’ve sold those credits are you then liable for that carbon? What happens when they (the government) decide to measure/quantify the amount of carbon you have sequestered in a different way and you come up short!
Reading the link Clive has posted they are using soil OM levels to quantify carbon sequestered so what if for some reason the OM level drops from the previous year will you then have to pay out as you’ve released carbon? Personally I think it’s a mine field at present that could potentially land people in deep water.
 

7610 super q

Never Forgotten
Honorary Member
I don't get it. Clive's still burning fossil fuels sowing, growing and harvesting crops. No one's asked about the carbon footprint of manufacturing new tractors / combines / machinery / chems / fert.
I'd get it if owners of deciduous woodland/ rain forest received payments, and maybe PP, but arable land ??
 

bigw

Member
Location
Scotland
I don't get it. Clive's still burning fossil fuels sowing, growing and harvesting crops. No one's asked about the carbon footprint of manufacturing new tractors / combines / machinery / chems / fert.
I'd get it if owners of deciduous woodland/ rain forest received payments, and maybe PP, but arable land ??

Surely the manufacturers of said products have to deal with their carbon footprint not just pass it down the supply chain.
 

Phil P

Member
Arable Farmer
Location
North West
I don't get it. Clive's still burning fossil fuels sowing, growing and harvesting crops. No one's asked about the carbon footprint of manufacturing new tractors / combines / machinery / chems / fert.
I'd get it if owners of deciduous woodland/ rain forest received payments, but arable land ??
I believe the onus is on the manufacture not the end user to offset there carbon footprint.
So the farmer isn’t liable for the carbon produced in the manufacturing process of those products.
 

Bill the Bass

Member
Livestock Farmer
Location
Cumbria
The bit that concerns me is once you’ve sold those credits are you then liable for that carbon? What happens when they (the government) decide to measure/quantify the amount of carbon you have sequestered in a different way and you come up short!
Reading the link Clive has posted they are using soil OM levels to quantify carbon sequestered so what if for some reason the OM level drops from the previous year will you then have to pay out as you’ve released carbon? Personally I think it’s a mine field at present that could potentially land people in deep water.
Year 1: measure OM at 500mm
Year 2: measure OM at 450mm
Year 3: measure OM at 400mm
Continue to year ten, hey presto increase in OM.

On a serious note, if it all takes over the next 18 months as much as it has over the last, then there will need to be a standardised model and more checks and balances, same with any other industry/market as it matures.

With respect to future liabilities, there will inevitably be a load of ambulance chasers who will insure against this, the trick will be making sure we can pass on the cost of insuring against it to the market and not be lumbered with the cost, I guess.

I think its exciting times, but hugely ironic that the media largely blames farmers for climate change, yet private industry is looking at us to solve it! Someone is wrong somewhere
 
Location
southwest
I don't get it. Clive's still burning fossil fuels sowing, growing and harvesting crops. No one's asked about the carbon footprint of manufacturing new tractors / combines / machinery / chems / fert.
I'd get it if owners of deciduous woodland/ rain forest received payments, and maybe PP, but arable land ??

Flog off enough carbon credits and you get enough dosh to buy a brand new tractor!
 

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Red Tractor drops launch of green farming scheme amid anger from farmers

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As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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