Originally posted by westernvicki
View Post
In Alberta, if it is scientifically proven that a practice sequesters CO2, then the person who sequesters the CO2 can sell "credits" equal to the amount of CO2 sequestered to large emitters of CO2. The credits are sold by public auction so the value of the credits varies depending on supply and demand. The demand is primarily driven by the levies the province imposes on large emitters who fail to meet emission reduction targets.
Zero tillage is one way farmers can earn carbon credits. Alberta developed its own protocol to determine how much CO2 is sequestered by practicing zero tillage and that determines how many credits a farmer practicing zero tillage is allowed to sell.
That is not the only way carbon credits are generated. Follow this link and you will find a list of the current reduction protocols approved by Alberta. Clicking on each one will tell you how the protocol was determined.[URL="http://aep.alberta.ca/climate-change/guidelines-legislation/specified-gas-emitters-regulation/offset-credit-system-protocols.aspx"]http://aep.alberta.ca/climate-change/guidelines-legislation/specified-gas-emitters-regulation/offset-credit-system-protocols.aspx[/URL]
Comment