GENESEO, Ill. — The notion of carbon markets is not new, but has been pushed to the forefront of recent in ramped-up efforts to sequester carbon dioxide.
“The main reason to reduce those emissions is because of climate change concerns and an often-stated goal is to reach carbon neutrality,” said Gary Schnitkey, University of Illinois farm management specialist, in a Wyffels Hybrids-hosted webinar on April 5.
“Agriculture is seen as an activity that’s part of the thing that can reduce carbon emissions. According to 2019 EPA estimates, agriculture produces 10.2% of the greenhouse gases that are emitted in the United States. By far the larger parts of those emissions are transportation, electricity generation and industry.
“Agricultural activities are looked at as a sink for carbon, not as necessarily a part of the problem, and that’s sort of a good place to be and better than some of the alternatives.”
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