Risk & Business Magazine Nesbit Agencies Summer 2023 | Page 12

CARBON CREDITS

Agriculture And Carbon Credits :

Interest Is On The Rise

Typically , farmers make their living by selling crops , but some are starting to generate additional income from the carbon credit markets . Farmers can earn money by reducing their carbon footprint . Carbon credits provide an incentive for farmers to switch to sustainable farming practices , which ultimately reduces greenhouse gas emissions and is a great way to help the environment .

Criteria for creating carbon credits through the adoption of certain farming practices are stringent , but the benefits are real if a farmer can meet them . They will have to prove that they ’ re not only reducing emissions but that they ’ re also sequestering greenhouse gas emissions that are additional and permanent .
That might seem challenging , but it can be done . And there are plenty of resources available to help farmers to get started .
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