Here comes the CO2 farmer
New revenue sources for famers: “Farming carbon” could provide extra income for farmers and provide significant environmental benefits.The secret to it is “no till” farming, which keeps carbon in the soil instead of releasing it as CO2 to the atmosphere.
On Farms, a No-Till Tactic on Global Warming (washingtonpost.com) Widespread carbon “sequestration” by farmers could reduce the expected increase in carbon dioxide emissions by 20 percent per year, according to leaders of the project, called CASMGS (Consortium for Agricultural Soils Mitigation of Greenhouse Gases).
And many agricultural experts expect that a private market will develop in “carbon credits,” meaning farmers who sequester carbon could sell their credits to industrial companies that emit high levels of the gas. This could be done now on a voluntary basis to help companies “green” their image. If Congress or state legislatures pass carbon caps, the credits could be sold to corporations that are above the legal limit. A similar market in sulfur dioxide credits already exists.