Shining Light on Farm & Food Policy for 20 Years. Thursday, August 15, 2024

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USDA’s $3B bet on climate-smart markets relies on widely varying farmer incentives, requirements

A few projects would pay for emission reductions, not just practices
An Agri-Pulse analysis of projects that account for the bulk of spending under the Biden administration’s Partnerships for Climate Smart Commodities initiative shows it heavily relies on a relatively small number of practices. And most of the projects are paying farmers according to the practices they implement rather than for actual emission reductions.
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Four commodities, four different approaches to climate-smart marketing

Varying rules, payment schemes define soy, dairy, cotton, rice projects
Four major projects that are part of Partnerships for Climate-Smart Commodities initiative showcase the varied approaches farm groups, companies and non-profit sponsors are taking to prove the impact of conservation practices on ag’s environmental footprint.
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