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USDA carbon bank concept still in infancy


Pilot projects offer a way for USDA to gather more information on encouraging climate mitigation strategies.
Suggested Event
Jun 15, 2021 to Jun 17, 2021
As efforts intensify on climate mitigation and encouraging adaptation strategies, one topic commonly discussed is a USDA carbon bank. But what is it and how would it work?
These are questions many are asking, but actually haven’t been formulated as the Biden administration, including as it relates to farmers under the leadership of Secretary of Agriculture Tom Vilsack, looks to encourage and incentivize practices at the farm level that could benefit the environment.
Bill Hohenstein, director of the Office of Energy and Environmental Policy in USDA’s Office of the Chief Economist, says when you think about a carbon bank, it’s a loose term that continues to be fleshed out as USDA looks at comments received under a recent request on the agency’s climate strategy. ....

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