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Ag Bytes<br />

What makes a quality<br />

carbon credit?<br />

Alejandro Plastina, ISU extension<br />

economist and associate professor,<br />

answers four questions that are key for<br />

buyers when determining the quality<br />

(and the price they are willing to pay)<br />

for carbon credits. Additional practices,<br />

permanence, verified protocols, and<br />

registered credits are all factors that play<br />

into the perceived quality of a carbon<br />

credit.<br />

Buyers often look for high-quality credits<br />

that are based on additional practices,<br />

ensure some amount of permanence, are<br />

verified, and registered, Plastina said.<br />

A carbon credit is a term for the<br />

certificate or token<br />

showing that<br />

one metric ton of<br />

carbon dioxide<br />

(or the equivalent<br />

amount of other<br />

greenhouse<br />

gases) have<br />

been reduced or<br />

sequestered, he<br />

said. But not all<br />

carbon credits are<br />

the same, nor do<br />

they hold the same<br />

value for buyers.<br />

There are a few<br />

Alejandro Plastina, key terms that<br />

ISU Extension<br />

speak to what buyers<br />

of carbon<br />

economist and<br />

associate professor credits are looking<br />

for:<br />

Are the credits from additional<br />

practices? Buyers are seeking<br />

credits created because a producer<br />

is participating in a carbon program.<br />

The carbon sequestered should<br />

be additional when compared to the<br />

carbon sequestered during “business as<br />

usual” on the same land – the practice<br />

changes would not have happened without<br />

the carbon credit incentive.<br />

Are the credits permanent? For<br />

agricultural carbon credits, there’s<br />

always concern that the practices that<br />

sequestered soil carbon in the first place<br />

can be quickly overturned. Carbon could<br />

be released back into the atmosphere<br />

from plowing soil that was in no-till<br />

production or cutting down stands of<br />

trees. Most carbon programs will specify<br />

in their contracts how long producers or<br />

land managers are obligated to maintain<br />

specific conservation practices to prevent<br />

carbon from being released back into the<br />

atmosphere.<br />

Does the carbon program use<br />

verified protocols? Verification is the<br />

process through which the reported<br />

measurements from a carbon program<br />

are evaluated to make sure they are<br />

accurate and use the specified protocols.<br />

Some carbon programs conduct their<br />

own verification, which is often viewed as<br />

less rigorous compared to working with a<br />

third-party verifier. Buyers often perceive<br />

carbon credits to be of higher quality when<br />

issued by a program that uses third-party<br />

verification.<br />

Are the credits registered? Carbon<br />

registries serve as the record-keepers for<br />

carbon markets. A registry issues a specific<br />

serial number for a specific carbon<br />

credit, and retires that serial number when<br />

the credit is sold to a buyer. A few of the<br />

primary registries worldwide include Gold<br />

Standard, Verra, American Carbon Registry,<br />

and Climate Action Reserve.<br />

For more information about the structure<br />

of carbon programs, viewi Plastina’s<br />

resources from Ag Decision Maker, “How<br />

Do Data and Payments Flow Through Ag<br />

Carbon Programs?” and “How to Grow<br />

and Sell Carbon in US Agriculture.”<br />

Hotline offers help for stress,<br />

legal questions and more<br />

The Iowa Concern Hotline number is<br />

800-447-1985. Iowa Concern is a program<br />

of the Iowa State University Extension<br />

service. The program began in 1985 as<br />

a toll-free number serving the agriculture<br />

community.<br />

Today, the toll-free number serves urban<br />

as well as rural Iowa. By calling Iowa<br />

Concern has one access to an attorney for<br />

legal education, stress counselors, and information<br />

and referral services for a wide<br />

variety of topics.<br />

In addition, Iowa Concern maintains a<br />

website, extension.iastate.edu/iowaconcern,<br />

featuring an extensive frequently<br />

asked questions database for legal, finance,<br />

crisis and disaster, and personal<br />

health issue.<br />

The website is also the link to Iowa Concern’s<br />

“Click here to chat with an Agent”<br />

service.<br />

Live chat immediately connects you with<br />

a stress counselor where you can “talk”<br />

(type) one-on-one in a secure environment.<br />

All Iowa Concern services are available<br />

24 hours a day, seven days a week at no<br />

charge.<br />

Use safety checklist when<br />

handling grain equipment<br />

Hazards abound when handling grain,<br />

such as equipment entanglement, grain<br />

entrapment and engulfment and dust<br />

explosions, among others.<br />

To lower your risk of injury:<br />

n Check that all exposed moving<br />

machinery parts have guards, shields or<br />

cages installed and are in good condition<br />

to prevent entanglement, including auger<br />

flighting, conveyers, belts and powertake-off<br />

(PTO) components.<br />

n Don’t wear loose or baggy clothing,<br />

tie back hair and remove dangling drawstrings<br />

and jewelry that could get pulled<br />

into moving parts.<br />

n Lock-out the power to augers, conveyers,<br />

belts and PTO components before<br />

performing maintenance or replacing<br />

parts so they can’t be accidentally turned<br />

on.<br />

n Stay clear of flowing grain, which can<br />

trap a person knee-deep in a few seconds<br />

and can completely submerge them<br />

in less than 20 seconds.<br />

n Work from outside of the bin whenever<br />

possible and use the buddy system<br />

and safe bin entry procedures when a bin<br />

must be entered.<br />

n Check that everyone knows how to<br />

de-energize grain loading and unloading<br />

equipment and lock-out the power sources<br />

so that grain moving equipment can’t<br />

be turned on while someone is inside of<br />

a bin.<br />

n Use hazard signage and teach kids<br />

and unexperienced people to stay out<br />

of stored grain, including bins, piles and<br />

grain transport vehicles.<br />

n Keep the grain vacuum nozzle away<br />

from the area below your feet and keep<br />

an eye on the angle of the grain surface<br />

as you are removing grain. To prevent<br />

grain flow, the grain angle should be less<br />

than the grain’s angle of repose, which<br />

is around 21 degrees for corn and 23<br />

degrees for soybeans.<br />

86 EASTERN IOWA FARMER | FALL 2023 eifarmer.com<br />

<strong>Eastern</strong>Iowa<strong>Farmer</strong>_South_Fall2023.indd 86<br />

9/19/23 3:35 PM

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