US Farmers Are Getting Paid More for Capturing Carbon in Fields
The credits are sold to companies seeking to reduce emissions.
Indigo said the credits were produced by 430 farmers in 22 US states.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
Capturing carbon on the farm could be starting to pay off as Indigo Ag doubles the price it offers for planet-friendly growing practices.
Boston-based Indigo Ag said Thursday that it issued 110,000 credits as part of its second carbon “crop.” For this round, farmers will get $30 per credit. That's up from the initial payments to farmers of $15 in September 2021.