One of the benefits to the U.S.’s proposed cap-and-trade–based climate legislation is the profitability it would offer farmers through an agriculture-based offset program. That, at least, is what we’ve been told by the schemes' authors and supporters (Sen. Debbie Stabenow (D-MI), Agriculture Sec. Tom Vilsack, etc.).
It was surprising, then, to hear Stabenow aide Chris Adamo confess his uncertainty over how long it would take for farmers to actually begin receiving offset credits for carbon sequestering activities during a panel discussion here in Copenhagen on Wednesday.
“I can't tell you farmers would get credit if this bill were passed tomorrow,” said Adamo, one of several U.S. and European panelists discussing agriculture's emissions reduction potential at a side event sponsored by the International Emissions Trading Association.
Wow. Score one for the no-ag-offsets team. I’ve written a lot about the trouble with agricultural offsets recently (see here and here), including the uncertainty offsets could create for farmers. This sounds about as uncertain as you can get.
We know agriculture done right can be a boon for climate mitigation. Offsets are NOT the way to get there. We need monetary support, lots of it, to help farmers transition to different ways of farming. We need that support to be consistent, predictable and substantial enough to really matter. Offsets can promise none of those things. Look for more writing soon about other ways we might get there.