Government Funding, Carbon Markets to Benefit Hemp Growers

Government Funding, Carbon Markets to Benefit Hemp Growers

Chase Hubbard | 06.25.2021 | Jacobsen

In its first big move into carbon markets, the Senate passed 

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 yesterday in a vote of 92-8.  This unusual bipartisan “Growing Climate Solutions Act of 2021” faces an uncertain fate in the House.  The bill provides for technical assistance to farmers and will establish a certification program for private carbon exchanges.  
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 CME Group’s launch of a “nature-based’ global emissions offset futures contracts.  This encompasses agriculture and forestry practices that provide for a net reduction in CO2 by storing, or sequestering carbon in soils and other organic matter.  

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