Fake Milk
May 14, 2021
Hemp Homes
June 4, 2021
Cashing-In On Carbon Credits
Michael Olson’s Food Chain Radio Show #1275
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GUEST: Ben Lilliston Director of Rural and Climate Strategies Institute for Agriculture and Trade Policy
They say we have put so much carbon into the atmosphere that it’s causing earth’s climate to change. We must do something, or else!
Michael Olson Food Chain Radio – Cashing In on Carbon Credits
I recently had an occasion to see satellite images of China that lent credence to the “or else.” The images did not show much of China, only a narrow slice of terrain that might have been western Mongolia. The images did show a thick grey-brown layer of soot that covered almost the entirety of the Middle Kingdom.
Some say China now emits more airborne pollution than all other countries in the world combined. Don’t you believe it! That pollution belongs to us. We pay good money for it. In fact, we’ve just about spent our nation’s entire life savings on it, and are stealing from the future to buy more of it.
It seems to this boy from the Big Sky that the simplest, most cost-effective way to cut down on all that carbon we are putting up into the atmosphere is to stop buying Made-in-China and start buying Made-in- the-USA. After all, belching smoke stacks are not allowed here. It would be simple, easy and it would even keep us from becoming another Venezuela.
But our leaders are proposing a different way of managing carbon. During a recent address to a joint session of Congress, President Joe Biden proposed paying farmers to sequester carbon in their soil.
It is an interesting proposal: Farmers would do what do what farmers have always been paid to do, which is to grow crops for food. But instead of throwing away the residue of their crops, farmers would sequester it in their farm’s soil. By this sequestration, farmers would prevent carbon from escaping into the atmosphere.
This is where the politicians’ proposal gets interesting: Farmers would count the carbon they sequestered in their soil and sell credits to it on a USDA-approved carbon-credit exchange.
Companies that do a lot of polluting would then buy those credits and count them against the pollution they emit. In this exchange a company that does a lot of polluting would be able to claim itself to be “net zero;” farmers would get a lot of money for doing what farmers have always done; and the climate would stop changing and the earth would live happily ever after! And so we ask:
Leave Comment Below: Can we capture the carbon we emit and sequester it on our farms?
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Michael Olson’s Three Laws of the Food Chain
#1 Agriculture is the foundation upon which we build all our sand castles.
#2 The farther we go from the source of our food, the less control we have over what’s in that food.
#3 Cheap food isn’t! READ MORE
