Eastern IA Farmer_Fall23_SOUTH

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Ag Bytes What makes a quality carbon credit? Alejandro Plastina, ISU extension economist and associate professor, answers four questions that are key for buyers when determining the quality (and the price they are willing to pay) for carbon credits. Additional practices, permanence, verified protocols, and registered credits are all factors that play into the perceived quality of a carbon credit. Buyers often look for high-quality credits that are based on additional practices, ensure some amount of permanence, are verified, and registered, Plastina said. A carbon credit is a term for the certificate or token showing that one metric ton of carbon dioxide (or the equivalent amount of other greenhouse gases) have been reduced or sequestered, he said. But not all carbon credits are the same, nor do they hold the same value for buyers. There are a few Alejandro Plastina, key terms that ISU Extension speak to what buyers of carbon economist and associate professor credits are looking for: Are the credits from additional practices? Buyers are seeking credits created because a producer is participating in a carbon program. The carbon sequestered should be additional when compared to the carbon sequestered during “business as usual” on the same land – the practice changes would not have happened without the carbon credit incentive. Are the credits permanent? For agricultural carbon credits, there’s always concern that the practices that sequestered soil carbon in the first place can be quickly overturned. Carbon could be released back into the atmosphere from plowing soil that was in no-till production or cutting down stands of trees. Most carbon programs will specify in their contracts how long producers or land managers are obligated to maintain specific conservation practices to prevent carbon from being released back into the atmosphere. Does the carbon program use verified protocols? Verification is the process through which the reported measurements from a carbon program are evaluated to make sure they are accurate and use the specified protocols. Some carbon programs conduct their own verification, which is often viewed as less rigorous compared to working with a third-party verifier. Buyers often perceive carbon credits to be of higher quality when issued by a program that uses third-party verification. Are the credits registered? Carbon registries serve as the record-keepers for carbon markets. A registry issues a specific serial number for a specific carbon credit, and retires that serial number when the credit is sold to a buyer. A few of the primary registries worldwide include Gold Standard, Verra, American Carbon Registry, and Climate Action Reserve. For more information about the structure of carbon programs, viewi Plastina’s resources from Ag Decision Maker, “How Do Data and Payments Flow Through Ag Carbon Programs?” and “How to Grow and Sell Carbon in US Agriculture.” Hotline offers help for stress, legal questions and more The Iowa Concern Hotline number is 800-447-1985. Iowa Concern is a program of the Iowa State University Extension service. The program began in 1985 as a toll-free number serving the agriculture community. Today, the toll-free number serves urban as well as rural Iowa. By calling Iowa Concern has one access to an attorney for legal education, stress counselors, and information and referral services for a wide variety of topics. In addition, Iowa Concern maintains a website, extension.iastate.edu/iowaconcern, featuring an extensive frequently asked questions database for legal, finance, crisis and disaster, and personal health issue. The website is also the link to Iowa Concern’s “Click here to chat with an Agent” service. Live chat immediately connects you with a stress counselor where you can “talk” (type) one-on-one in a secure environment. All Iowa Concern services are available 24 hours a day, seven days a week at no charge. Use safety checklist when handling grain equipment Hazards abound when handling grain, such as equipment entanglement, grain entrapment and engulfment and dust explosions, among others. To lower your risk of injury: n Check that all exposed moving machinery parts have guards, shields or cages installed and are in good condition to prevent entanglement, including auger flighting, conveyers, belts and powertake-off (PTO) components. n Don’t wear loose or baggy clothing, tie back hair and remove dangling drawstrings and jewelry that could get pulled into moving parts. n Lock-out the power to augers, conveyers, belts and PTO components before performing maintenance or replacing parts so they can’t be accidentally turned on. n Stay clear of flowing grain, which can trap a person knee-deep in a few seconds and can completely submerge them in less than 20 seconds. n Work from outside of the bin whenever possible and use the buddy system and safe bin entry procedures when a bin must be entered. n Check that everyone knows how to de-energize grain loading and unloading equipment and lock-out the power sources so that grain moving equipment can’t be turned on while someone is inside of a bin. n Use hazard signage and teach kids and unexperienced people to stay out of stored grain, including bins, piles and grain transport vehicles. n Keep the grain vacuum nozzle away from the area below your feet and keep an eye on the angle of the grain surface as you are removing grain. To prevent grain flow, the grain angle should be less than the grain’s angle of repose, which is around 21 degrees for corn and 23 degrees for soybeans. 86 EASTERN IOWA FARMER | FALL 2023 eifarmer.com EasternIowaFarmer_South_Fall2023.indd 86 9/19/23 3:35 PM
PROUD TO BE Your Financial Partner Our communities were founded on the strength of local farmers, their dedicated work ethic and their commitment to great values. Today, local farmers, breeders and ag producers continue to support the local economy through their hard work. Call or stop by today to find out more about our Home, Personal, Business & Ag, and Wealth Management opportunities. BUFFALO PRAIRIE | CORALVILLE | DAVENPORT | KALONA | MUSCATINE | WALCOTT | WASHINGTON | WILTON www.cbibt.com • 800.292.1234 Team members include: Kent Nelson, Melissa Manley, Matt Brown, Diane Coulter, Zachary Kinrade and Kody Johhnson eifarmer.com FALL 2023 | EASTERN IOWA FARMER 87 EasternIowaFarmer_South_Fall2023.indd 87 9/19/23 3:35 PM
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The Eastern Iowa Fall 2023 Farmer
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TARVER FAMILY 2011-2023 peoplescomp
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EDITORIAL INDEX Ag Careers While gr
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Caleb Kaufmann, Kale Petersen, Tayl
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