News  Agriculture  Sustainability

New coalition focuses on ‘carbon capturing’ education

Carbon capturing has offered new revenues for farms in recent years, and a new effort is underway to educate producers about the financial benefits.

June 09, 2023 04:15 PM • 
RFD-TV News Staff

Carbon capturing has offered new revenues for farms in recent years, and a new effort is underway to educate producers about the financial benefits.

Colin Peterson, the former Ag Committee Chair, is a senior advisor for the American Carbon Alliance.

Peterson says the goal of the coalition is to spread the word about two new carbon sequestration tax credits included with the Inflation Reduction Act.

With carbon now worth $85 per ton, Peterson continues, there will be an enhanced price in the marketplace because of recent climate goals.

As more farmers use sustainable practices to sequester carbon, Peterson says, ethanol producers can further lower their carbon index score.

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