Hi everyone
It looks like the Biden administrations is poised to create a “carbon bank” which would give money to farmers, including big agriculture, in exchange for using regenerative agriculture techniques. There seem to be numerous benefits associated with these techniques including improved soil health, reduced soil erosion, increased water retention, and potentially less chemical inputs. However, what remains unclear is the degree to which regenerative agriculture can sequester carbon. Furthermore, if it fails live-up to the claims, this could mean that big polluters are able to purchase "carbon offsets" that in reality offer little or no benefit for the climate.
Here's
an article in the Los Angeles Times outlining some of the issues and concerns.
Surely, they should be doing more research before scaling this program up?