Selling carbon credits

[milkloss]

So I need do nothing? Except sell?

I've already got my demand sorted: Eat my beef and buy carbon credits or I'll get the plough out and release my carbon.

 

[lloyd]

It’s been hinted at a few times, but just in case anyone has missed it, Clive owns ~90% of Agri Web Media Ltd (Chris F has the rest), which in turn owns 25% of Gentle Farming Ltd. The rest of Gentle Farming Ltd is owned by young Mr Gent, who comes from the family of a zero till drill inventor/ developer.

Never mind offsetting carbon does this mean Clive will be taking the place of Peter Jones on Dragons den?

 

[Clive]

So, with regards the questions that matter not to a farmer but to a food shopper wandering the aisles and studying the labels, we can't answer the below questions, because there are no numbers to attach to any of this.

Is that correct ? Firms are buying these carbon credits with no empirical evidence ?

buyers are buying ISO certified carbon

if you think ISO means no evidence then try going though the process of gaining ISO certified yourself !!! huge amounts of money and time have been invested is creating a platform that satisfies ISO regulators

 

[delilah]

I believe Gentle Farming sold carbon to a major bank yesterday

at least customers get it and want to use profits support people doing the right thing

Back in the day I wanted a mortgage, endowment policies were in vogue, being a bit weird I asked the bank manager if they had an ethical policy, yes they would invest my money in UK Waste as they were a 'sustainable resource management' company, being in the waste game I knew that 99.9% of UK waste's business was landfill, they ticked the green box for ethical investments by owning a few bottle banks. That was bollox, this is bollox, it's all a load of bollox.

 

[fudge]

I assumed the whole charade is to provide a replacement for BPS and to ensure the Tory landed gentry contniue with an income stream to pay the school fees and lifestyle they are accustomed too. In meantime drop £20 week off benefits now pandemic is over.

I assumed the whole charade is to provide a replacement for BPS and to ensure the Tory landed gentry contniue with an income stream to pay the school fees and lifestyle they are accustomed too. In meantime drop £20 week off benefits now pandemic is over.

That’s my take on it. Rather like the E10 directive and the feed in tariff before it’s just a subsidy for landowners at the expense of consumers dressed up as action on climate change. Amazingly some voters thought brexit would call a halt to these contortions.

 

[Hindsight]

I believe Gentle Farming sold carbon to a major bank yesterday

at least customers get it and want to use profits support people doing the right thing

I am ignorant in these matters - as my posts indicate. So pleas help me. Why would a major bank want to pay cash to Gentle Farming. What legislative requirement is there that they have to comply with. I ask as an ordinary punter / consumer / taxpayer - not a landowner or farmer. I am just beginning to ge tmy head around how much tax I am going to have to pay in future years to those who are going to on my behalf decarbonise my lifestyle.

 

[lloyd]

I am ignorant in these matters - as my posts indicate. So pleas help me. Why would a major bank want to pay cash to Gentle Farming. What legislative requirement is there that they have to comply with. I ask as an ordinary punter / consumer / taxpayer - not a landowner or farmer. I am just beginning to ge tmy head around how much tax I am going to have to pay in future years to those who are going to on my behalf decarbonise my lifestyle.

Reading up it's all voluntary at the moment.
Lots of businesses trying to get the ethical upper hand
so government dont make it compulsory and more expensive.

 

[Clive]

I am ignorant in these matters - as my posts indicate. So pleas help me. Why would a major bank want to pay cash to Gentle Farming. What legislative requirement is there that they have to comply with. I ask as an ordinary punter / consumer / taxpayer - not a landowner or farmer. I am just beginning to ge tmy head around how much tax I am going to have to pay in future years to those who are going to on my behalf decarbonise my lifestyle.

big companies have something called “Corporate Social Responsibility” policies - basically they will invest a % of profit into projects they believe make communities or environment etc better

some investors only want to invest in ethical companies so CSR helps that

in other cases it’s marketing, a fashion company for example may attract a demographic and gain sales though ethical behaviour……. look at Toms shoes for example who market successfully by giving a pair of shoes to 3rd world companies when you buy a pair the uk

for companies making huge profits in many cases its also a choice - pay more tax and let the government decide where it goes or spend it pre tax and let your board room decide !

 

[Overby]

Going forward it looks like there will be a Govt element of support for carbon enterprise,but also a commercial sector run in tandem. How the 2 marry up is beyond me, and there needs to be an industry wide recognized system of measurement throughout ASAP.

 

[Clive]

Going forward it looks like there will be a Govt element of support for carbon enterprise,but also a commercial sector run in tandem. How the 2 marry up is beyond me, and there needs to be an industry wide recognized system of measurement throughout ASAP.

ISO is that system of measurement right now, its not perfect but it will evolve rapidly now

 

[Highland Mule]

ISO is that system of measurement right now, its not perfect but it will evolve rapidly now

Again, which ISO standard are you referring to? It's a simple question Clive - why won't you answer?

 

[Hindsight]

big companies have something called “Corporate Social Responsibility” policies - basically they will invest a % of profit into projects they believe make communities or environment etc better

some investors only want to invest in ethical companies so CSR helps that

in other cases it’s marketing, a fashion company for example may attract a demographic and gain sales though ethical behaviour……. look at Toms shoes for example who market successfully by giving a pair of shoes to 3rd world companies when you buy a pair the uk

for companies making huge profits in many cases its also a choice - pay more tax and let the government decide where it goes or spend it pre tax and let your board room decide !

Thank you for reply and explanation. Irrespective of the various comments and views on here I commend you approach of trying to take control at formative stage before larger corporations muscle into the market. Be interesting to see how this develops and government tries to regulate as at some stage it must of there is to be any true reduction in Carbon to offset climate change.

 

[lloyd]

Mark Carney is estimating that the market potential
for carbon offsets could be worth as much as $100
billion dollars a year in the medium term.
Someone is going to make a lot of money off the back
of this whether it is morally right or not.

 

[Hindsight]

Mark Carney is estimating that the market potential
for carbon offsets could be worth as much as $100
billion dollars a year in the medium term.
Someone is going to make a lot of money off the back
of this whether it is morally right or not.

More important to the species (my children and yours) is the effectiveness. Making and transferring paper dockets between humans is one thing - and from the broader perspective of the species, an irrelevant thing - actually reversing or at least holding some of the climate change due to rapidly rising temperatures is another.

 

[lloyd]

More important to the species (my children and yours) is the effectiveness. Making and transferring paper dockets between humans is one thing - and from the broader perspective of the species, an irrelevant thing - actually reversing or at least holding some of the climate change due to rapidly rising temperatures is another.

It would be better to tackle the source of the pollution
but government's dont really want to do that as it would
weaken their economies ,put jobs at risk and reduce their tax revenues.
So in all reality it is a cop out for big business but slightly
better than doing nothing.

 

[Highland Mule]

So in all reality it is a cop out for big business but slightly
better than doing nothing.

Probably worse - it will encourage big business to keep doing what they are doing, and transfer the money to a small group of businessmen who will spend it on planet detrimenting activities.

 

[Courier]

......... Making and transferring paper dockets between humans is one thing - ........

Been doing that since the 7th century...https://en.wikipedia.org/wiki/Banknote


My crops theoretically sequester permanently somewhere in excess of 70 tonnes of carbon annually - Who wants to open the bidding ?

 

[lloyd]

Probably worse - it will encourage big business to keep doing what they are doing, and transfer the money to a small group of businessmen who will spend it on planet detrimenting activities.

I think opportunities of lockdown might end up
being wasted by these schemes distracting from
what was achievable.
We all know people who are now working half their
week from home rather than getting in a car ,on a train or plane.
So consumption by mankind could easily be reduced if there was
the will and determination .This is basically an excuse for big corporates
to keep doing what they did before covid whilst claiming it's not them to blame
for any enviromental impact.

 

[ajd132]

I think opportunities of lockdown might end up
being wasted by these schemes distracting from
what was achievable.
We all know people who are now working half their
week from home rather than getting in a car ,on a train or plane.
So consumption by mankind could easily be reduced if there was
the will and determination .This is basically an excuse for big corporates
to keep doing what they did before covid whilst claiming it's not them to blame.

Yes but if more people farm in a way that sequesters more carbon then we are able to do stuff like fly without destroying the planet. There is plenty of avidence of this as Clive has alluded to. We have the ability to massively improve the world and climate.

 

[lloyd]

Yes but if more people farm in a way that sequesters more carbon then we are able to do stuff like fly without destroying the planet. There is plenty of avidence of this as Clive has alluded to. We have the ability to massively improve the world and climate.

What is this 'farm in a way' you talk about that the majority
of good farmers are not already doing?