Carbon Friendly Ag Practices Get Media Attention

Carbon Friendly Ag Practices Get Media Attention

 

There have been two articles run by major news outlets over the past two days discussing carbon-friendly commodity practices. The upshot is that decarbonization is coming to the agriculture markets. The WSJ ran an article today that discussed how commodity traders, such as Trafigura, could get cheaper financing rates by lowering commodities’ carbon production. Those discounts help produce and deliver the raw materials that power the global economy more sustainably. Decarbonization is becoming a vital issue for the metals market. This article follows a similar report focusing on agriculture. The Washinton post ran a piece that describes payments to farmers who use specific decarbonizing practices.

The article discusses how in 2020, a particular farmer became the first seller in a privately run farmer-focused marketplace that paid him $115,000 for practices that had sequestered just over 8,000…

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