Locus Agricultural Solutions , announced that the globally recognized CarbonNOW carbon farming program is expanding by an additional one million acres.
Locus AG’s CarbonNOW carbon farming program is built through a partnership with Bluesource, a leading carbon project developer that develops, manages, and monetizes the carbon credits, and Green Star Royalties Ltd., a pure-green royalty and streaming company that provides funding to enable upfront payments to farmers.
High Eligibility Rate Drives Farmer Interest in CarbonNOW Carbon Farming Program One of the driving factors in the success of the CarbonNOW carbon farming program is its high eligibility rate.
“We can qualify the farmers who have been implementing no-till practices for 30 years, planting cover crops or using their livestock effectively by using our soil probiotics, which are new to the carbon market and actually supercharge carbon sequestration,” said Travis Kraft, director of U.S.
CarbonNOW Provides Support to Help U.S.
Alex Pernin, Chief Executive Officer of Star Royalties, commented: “Our deepened partnership with Bluesource and Locus AG helps tackle climate change by driving expanded adoption of regenerative agriculture practices.
He farms 20,000 acres of corn, wheat, milo, millet and soybeans using a wide variety of regenerative growing practices, including a range of tillage and cover crops.
“Other carbon farming programs demand integration of various farming practices into our operations, but if we were already leading edge, we didn’t qualify,” said Scheimer.
His farm currently produces around 2.25 million pounds of malt on an annual basis for 175-plus breweries and distilleries across the state of Colorado.
“A key CarbonNOW feature for me is Bluesource backing guaranteed purchasers of carbon credits,” said Olander.
“Other carbon farming programs penalized me for doing the right thing on my acreage by practicing no-till farming,” said Allen Schrag.
The CarbonNOW carbon farming program offers growers an opportunity to leave a lasting legacy and ensure ongoing long-term revenue for their farms by using regenerative agriculture practices that accelerate carbon drawdown and are shown to create rich, fertile soil.
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