Manhattan, Kansas
January 27, 2005
Carbon credit pilot project
meetings scheduled for February
Kansas landowners and agricultural producers will soon have the
opportunity to enter the marketplace for carbon credits. A
series of local educational meetings has been scheduled in
February in more than a dozen counties to discuss a voluntary
pilot program for carbon credits on land either under
conservation tillage or that was established in grass on or
after Jan. 1, 1999.
Carbon sequestration is a way of recapturing carbon dioxide that
has been released into the atmosphere. It involves producing as
much plant material as possible and recycling plant residues
back into the soil to accumulate as organic matter, according to
Chuck Rice, Kansas State University
professor of agronomy and national director of the Consortium
for Agricultural Soils Mitigation of Greenhouse Gases (CASMGS).
The more the organic matter in the soil, the more carbon is
stored in the soil and the less there is in the atmosphere.
Higher carbon levels in the soil cause no environmental
problems.
The meetings are sponsored by the Kansas Coalition for Carbon
Management, an organization consisting of K-State Research and
Extension, Kansas Resource Conservation and Development Councils
(RC&Ds), Kansas Farm Bureau, and numerous Kansas commodity
organizations and state and federal agricultural agencies.
The pilot project is being offered by the Chicago Climate
Exchange (CCX), a voluntary, multi-sector market for reducing
and trading greenhouse gas emissions. The program is
administered by the Iowa Farm Bureau, serving as the
"aggregator" -- an entity that acts as a middleman between the
CCX and producers and landowners. An aggregator pools separate
parcels of qualified acreage into one large block for purposes
of carbon credit trading on the CCX.
"We'll explain what carbon sequestration is, why it's important,
and how it can help reduce greenhouse gases in the atmosphere
while improving soil and water quality. We'll also explain what
practices producers can use to increase carbon sequestration in
their soils," Rice said.
RC&D personnel will explain the pilot program being offered by
CCX and administered by the Iowa Farm Bureau. In this program,
producers or landowners can apply to contract with the Iowa Farm
Bureau to sell carbon credits for them on the CCX exchange. The
acreage eligible for this program includes conservation tillage
(no-till, strip-till, and ridge-till) and grass plantings made
on or after Jan. 1, 1999, which would mostly be Conservation
Reserve Program (CRP), Conservation Security Program (CSP), or
conservation buffer strip plantings in the eastern half of
Kansas. In the western half of Kansas, only recent grass
plantings are eligible.
Requirements that need to be met by those signing contracts will
be explained by RC&D officials at the meetings. Payments for
carbon credits are not established in the contract, said David
Miller, Iowa Farm Bureau director of commodity services. The
payment will depend on the price on the CCX board at the time
the credits are sold by Miller. Payments have averaged from
$0.50 to $1.00 per acre per year, but the figure fluctuates. A
maximum of about 150,000 acres can still be contracted in this
pilot project between now and April, 2005. More than 80,000
acres are already under contract in Iowa.
The 2005 meetings and RC&D telephone contact numbers are:
* Feb.16, 10:30 a.m. Chanute - Alliance Room, Memorial
Auditorium, 101 S. Lincoln. 620-431-6180.
* Feb.16, 10 a.m. Manhattan - Pottorf Hall, Kimball & Avery St.
620- 273-6321.
* Feb.17, 10 a.m. El Dorado - Butler County Community Building,
200 N. Griffith. 620-273-6321.
* Feb.17, 1:30 p.m. Emporia - Lyon County Extension Office, 618
Commercial St. 620-273-6321.
* Feb. 22, 1:30 p.m. Hays - Kansas Highway Patrol Meeting Room,
1821 Frontier Rd. 785-425-6647.
* Feb. 22, 1:30 p.m. Marysville - City Hall, 209 N. 8th.
785-945- 6292.
* Feb. 22, 7 p.m. Colby - Thomas County Office Conference Room,
350 S. Range. 785-462-2602.
* Feb. 22, 7 p.m. Hiawatha - Fisher Center, 201 E. Iowa.
785-945- 6292.
* Feb. 23, 1:30 p.m. Garden City -K-State Research & Extension
Center, 4500 E Mary St. 620-355-4091.
* Feb. 23, 1:30 p.m. Valley Falls - Delaware Township Hall,
Broadway & Walnut. 785-945-6292.
* Feb. 24, 11 a.m. Ottawa - Franklin County Annex Meeting Room,
1418 S. Main. 785-242-2073.
* Feb. 28, 7 p.m. Concordia - Cloud Co. Community College, 2221
Campus Dr. 785-392-3393.
K-State Research and Extension is a short name for the Kansas
State University Agricultural Experiment Station and Cooperative
Extension Service, a program designed to generate and distribute
useful knowledge for the well-being of Kansans. Supported by
county, state, federal and private funds, the program has county
Extension offices, experiment fields, area Extension offices and
regional research centers statewide. Its headquarters is on the
K-State campus in Manhattan. |