An ag economist says carbon credit program standards are widely varied and will likely continue to be until USDA sets a standard.
The University of Missouri’s Ray Massey compares the market to the Organic Standards Act.
“There were different organic standards for different states, and then all of a sudden, there was the USDA organic standard,” Massey said. “And the other state standards just went in line with that.”
He said right now there are different standards from different companies on how carbon sequestration is measured, what practice is capturing the premium and the duration of contracts.
