The future of US carbon markets reportedly uncertain
Extension webinar points to little gain, provides information
More and more under the current circumstances of agriculture in the United States, farmers and ranchers are becoming increasingly curious about emerging carbon markets, carbon offers and carbon banking.
As part of an educational webinar series hosted by the Nebraska Extension, Dave Aiken, professor and agricultural law and water specialist for the Department of Agl Economics at UNL, took time to address the topic at length.
“We're gonna talk about carbon farming today, as it is now referred to,” Aiken began. “And let's just jump right in.”
Aiken further noted that he’d be cover the ‘who, what, when, where and why’ of the issue. Questions he’d be answering throughout his presentation included “what are carbon credits,” “what are the different markets for carbon credits,” “what’s happening now (in the carbon market),” what farmers should be looking for and whether or not there is any profit in this practice.
“We're talking about carbon markets,” he continued, “That's where people buy and sell carbon credits. And how does this really work in a market context? Say I’m a coal power plant and I have to cut back on my greenhouse gas emissions from my coal plant. The regulations may allow me to offset part of my emissions by buying some of these carbon credits or carbon offsets.
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