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FAQ
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What is a carbon credit?Carbon can be thought of like a crop, similar to the other crops you produce on your farm. A carbon credit (also known as a carbon offset) represents either greenhouse gases (GHG) removed from the atmosphere or greenhouse gas emissions reduced. In the case of farming, carbon credits are created based on carbon dioxide you draw down into your soil and GHG emissions you reduce above the soil (for example, through improved nitrogen timing) – beyond what was already happening on your farm. Carbon credits operate like crops in some ways. If you produce corn to sell, the buyer will want to know the quantity and quality. Grain handlers will want to facilitate that trade by meeting those information needs. So they weigh your corn and test it for quality so the buyer can have confidence in your product. Similarly, carbon credits measure and track the quantity of additional carbon sequestered in the soil and GHG emissions reduced. Our carbon program supports and guides you in carbon farming, and generates carbon credits through modeling, soil samples, analysis, and handling of all the paperwork with the carbon registries.
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Are all carbon credits created equal?No. Just like buyers of yellow #2 corn, carbon credit buyers place a premium on credits that meet their desired requirements. By following a registry-approved methodology and using rigorous data collection and modeling, we produce carbon credits with the greatest certainty and accuracy of measurement. This certainty is what carbon buyers look for in the “quality” of a carbon credit – confidence that the environmental impact is real and long-lasting. Carbon by Agriland is the ONLY registry-approved ag carbon program at scale and produces the highest quality carbon credits, which allows us to generate the most carbon revenue for farmers over the long term.
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When do I have to start new practices to qualify for generating credits?If a field with a spring/summer crop first enters the program now, you can generate credits in the 2022 carbon crop from practice changes conducted from post-harvest 2020 through harvest 2022. (For winter crops, the timing is similar but has some variations.) After a field’s first carbon crop in the program, a 1-year eligibility window (instead of 2 years) applies.
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How much will I get paid?Demand for agriculture-based carbon credits has accelerated over the last year, which is why Carbon by Agriland is pleased to offer growers the security of a price floor, plus unlimited upside as the price rises. We are offering a guaranteed minimum payment rate for growers of $15 per credit for the 2022 carbon crop, and as the price increases you stand to earn even more.
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