National Farmers Union has extended the enrollment deadline for its innovative Carbon Credit program. You now have until Saturday, Sept. 15 to enroll no-till crop acres and seeded grasses. The October 1 deadline to apply for the new native rangeland enhancement practice remains the same.
The Carbon Credit Program allows producers and landowners to earn income by storing carbon in their soil through no-till crop production including alfalfa, seeding tame grasses or CRP, native rangeland enhancement, forestry offsets and methane digesters. The program began last year and is a voluntary, private-sector approach to conservation, and has already enrolled more than one million acres.
Carbon credit trading not only offers the potential to help offset carbon dioxide emissions thought to cause climate change, says NUF President Tom Buis.
"It also offers farmers and ranchers an opportunity to increase their bottom line."
Farmers Union has earned approval from the Chicago Climate Exchange to aggregate carbon credits. Farmers Union will enroll producer acreages of carbon into blocks of credits that will be traded on the Exchange, much like other agricultural commodities are traded. All contracts run through December 31, 2010.
Enrollment is done online and can be completed by going to www.nfu.org and selecting the "Carbon Credit Program" link.