cover image: CARBON OFFSETS FOR FARMERS - REPORT | OCTOBER 2023

20.500.12592/zw26sr

CARBON OFFSETS FOR FARMERS - REPORT | OCTOBER 2023

31 Aug 2023

Under Canada’s federal output-based pricing system, the price of offsets is likely to track the price of other compliance units, with the price of those units tied to the stringency of the Ultimately, the price offered for a regulation’s benchmarks. [...] One important feature of the system is carbon offset will depend on the that regulated entities can always choose to pay a price for their supply and demand dynamics in the emissions directly to the government rather that surrendering credits. [...] the farm, including administrative tasks, securing third-party verification of documents and equipment, and 3 Survey data from Alberta’s compliance carbon market found that farmers helping to market and sell resulting perceived the amount of paperwork to be too onerous when compared to the carbon credits. [...] For submit a statutory declaration stating that they have the ‘right’ example, some offset programmes have requirements that the to generate and sell the emission offsets associated with the project proponent live in the jurisdiction of the offset system, emission offset project. [...] This avoids some of the pitfalls of the carbon market, including The obvious benefit of insetting compared to offsetting is that searching for buyers for the resulting carbon credits.
Pages
32
Published in
Canada

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