Farmers who choose to use the Gradable Carbon carbon storage platform will have freedom and flexibility over when and where carbon credits are stored.
Gradable Carbon – a part of Farmers Business Network (FBN) – was launched Feb. 22.
“We believe the best way to create meaningful, long-term change is to provide farmers with the choice and power to participate in the carbon market on their own terms,” Gradable president and chief executive Devin Lammers said in a press release. “Gradable Carbon creates a win-win proposition that incentivizes farmers while giving them more control over their carbon credits, enabling them to take advantage of the many new opportunities that reward regenerative practices.”
By participating in Gradable Carbon, farmers are not locked into a single carbon offset market, Lammers says. The company will generate carbon credits on behalf of farmers, and farmers can choose to either sell those credits, or bank them for selling later, betting on the possibility that prices paid for carbon offsets will increase over time, Lammers says.
“We need to find a way for farmers to adopt any program that gives them upside,” Lammers told Successful Farming magazine in an interview. “If you believe there is upside on the carbon markets as the markets change, you will benefit from price appreciation over time.”
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