Cargill Launches U.S. Carbon Farming Program for 2022 Season
Global commodities trader Cargill Inc. said on Thursday it is launching a carbon farming program for the 2022 season that will pay growers for production practices that lower emissions and capture more climate-warming carbon in soils, reports Karl Plume at Reuters.
Cargill’s RegenConnect program will use soil sampling, farm data and remote sensing to estimate the environmental benefit of practices like planting cover crops or not tilling soils, then pay growers $20 for every ton of the carbon sequestered.
The project is among a growing number of climate-focused programs launched by agriculture companies looking to reduce their carbon footprints or to cash in on carbon trading.
Critics have decried some schemes as greenwashing by polluting corporations and questioned the permanence of carbon captured by intensive row crop farming.
Get The Newsletter Today!
