New Food Economy: Carbon farming isn’t worth it for farmers. Two blockchain companies want to change that
„“There’s really no value in carbon and the best practices that improve soil,” says Torri Estrada, executive director of the Carbon Cycle Institute, which advocates for carbon farming and regenerative land management. “I think if there was, farmers would be integrating that, but there isn’t really. Like one of our farmers said, ‘If I got paid to grow carbon I would grow the heck out of it.’” Technically, many farmers can already get paid to “grow carbon”—they just don’t get paid very much, either because the value of the credit is too low, or because intermediaries and fees eat into their profit margins.„