It is easy to understand how farmers and ranchers get paid for products coming off of land. It’s happened since agriculture began. A product is produced from the land and sold for money or traded for goods. Got it. But what does it look like when farmers and ranchers are paid for products coming into the land, instead of off of it? Especially when it is something that you can’t really see, touch, hold, or eat like most agriculture products.
What are these products “coming into the land”? They are molecules coming in (or being sequestered) such as carbon. What is the economic model of the carbon market? Is it only for farmers in the Midwestern United States, or is there an opportunity for ranchers managing pastures and rangelands? How do farmers and ranchers access these markets? What are the risks and benefits? What is required of the producer to participate? What work does it take? How would participating in the carbon market change the farmer or rancher’s operation?
During this one hour webinar, we will dig into these questions and more with three people deeply involved in the marketplace of carbon and ecosystem services (being paid for improving the ecosystem health).
Read more about Paul, Phyllis and Meri below. Depending on demand, the panelists and hosts (Spencer and Abbey Smith) are willing to follow the webinar with deeper virtual workshops focused on specific aspects of the carbon and ecosystem services market.