Last Week’s Hemp Commentary 

Lifecycle Analysis and Carbon Banks

We have routinely discussed the Biden administration’s climate agenda, within the context of hemp production, and agriculture at large.   At the core of this is the establishment of a federally managed carbon bank.  Carbon banks have languished historically, with smaller companies like Indigo Ag making some headway into selling credits to proactive corporations mindful of their carbon footprint.  A carbon credit is one metric ton (MT) of CO₂. 

But initiatives like Indigo Ag and Nori are limited in scope and contend with the fractured marketplace for carbon credits.  Forces that destabilize hemp markets also impact carbon markets.  In both spheres, participants are creating markets from the ground up, ones that are reliant on extensive knowledge or technology that we don’t yet possess.  The lack…