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Study: Carbon offsets aren’t doing their job, overstate impact
(arstechnica.com)
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this post was submitted on 26 Aug 2023
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I farm in Canada which has a carbon tax, $65/ton. We're in the grip of terrible drought and I've sold all my livestock. Thought maybe I could do the world a little good and maybe make some money off my empty pastures by planting some trees or something.
After talking to the regulators it was obvious it's a HUGE fraud. There's so much red tape, and by the time you're done talking to them you find out that you can make $1-5/ton for sequestering carbon. And due to flat fees in the regulatory structure, it's really just designed to funnel this money to huge landowners and not to encourage anyone who cares to plant trees or do anything really.
So working Canadians are forced to pay $65/ton to heat their homes and drive to work, but big emitters buy bogus credits for under $5 and continue to pour out pollution while claiming to be "carbon neutral". It's the Canadian way
In this particular case it's "maybe"... I farm on the edge of the Palliser Triangle, famous for drought cycles over the centuries.
However climate change is definitely shifting the dynamics of the seasons here, with rainfall getting front-loaded into the "useless" months from February - May and scarcely a drop during the summer when we need it. It's the same volume or possibly even more but it's useless for crops or pastures.
I've pivoted to selling hay as it's capable of growing decently off of the runoff pulse. Those with suitable land are going all in on irrigation as the spring runoff can be stored in lakes and reservoirs. It's an odd situation here as the ground often stays frozen until after the snow melts, so very little snow water soaks in.
It's the capitalist way. I assure you America is just as bad and any "western" nation. I hate conspiracy theories but all history linked through the first world countries is slavery and exploitation and they get to write the history books.
If you really want to to some good with that land, although it won't make you any money, turn it back into a native natural habitat, or at least sell it to someone who will agree to do the same. The world is never going to improve without landowners who are willing to restore their developed land back to its natural state.
It already is! We're proud to maintain our pastures in their native state and we grazed them rotationally with long rest to emulate the way the buffalo used to graze them long ago. They're a mix of grass, brush, trees and slough. Even though my stock is gone we plan to background some steers or heifers occasionally just for the sake of the land as it needs grazing. However this will allow us to plan grazing around the grass instead of being forced to put our own animals out for need of feed.
That was part of the reason I initially thought I could get some carbon offset credits simply for maintaining them in that state, because we are supposed to be encouraging people to maintain wild prairie, and the land does soak up significant carbon every year just by doing its natural thing.
However as mentioned the system is a fraud. The only way to get carbon credits is to break it up and then rewild it after the damage has been done. They told me I could easily generate credits this way by destroying my native habitat and then replanting it... Which is absolutely a crime against nature.
Carbon credits are a racket, tell your friends
That sounds pretty cool. Too many people would just decide "this land isn't profitable enough anymore, time to sell it to a developer."