Promise of Soil Carbon Marketplaces
Inside this issue
Soil organic carbon’s role in the new carbon marketplace
Drawing down atmospheric carbon and sequestering it into the soil is a promising solution to mitigating emissions while simultaneously boosting soil health and resiliency. The estimated net worth of soil and all of its ecological services — valued at $11.4 trillion — is derived from the myriad benefits afforded the planet by soil, such as regulating hydrology, climate control, erosion prevention, food production, and more.
Putting a price on carbon is an important tool in promoting climate action. But cap and trade schemes and other systems charging polluters to pay for the carbon they emit is fraught with political and economic challenges. By paying farmers to store carbon in the soil, carbon gains an intrinsic value as not only a tradeable “credit,” but as a substance that improves the ecological value of soil through improved soil health.
Working literally from the ground up, soil carbon marketplaces are doing their part to not only put a price on carbon dioxide, but create a hungry market for putting it back where it belongs: In the ground.
Inside this Issue
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