Carbon Credit Market Flashcards
1
Q
What are carbon credits?
A
A permit which allows a country or organization to produce a certain amount of carbon emissions and which can be traded if the full allowance is not used.
2
Q
What is the Bayer Carbon Program?
A
A program that enables growers to enroll and get paid for implementing carbon-smart farming practices.
Available in 17 states
3
Q
How are farmers compensated in the Bayer Carbon Program?
A
They are compensated by the acre, not by the amount of carbon sequestered
4
Q
How much does carbon does pasture land in the US alone sequester?
A
88 million cars in one year
5
Q
What is net total of global GHG emissions from agriculture, forestry, and other land use?
A
8 billion metric tons of CO2, or 24% of ghg emissions
