I’m involved in an eco-farm startup, and one of our consultants is adamant that we should be using carbon stacking as an additional revenue stream.
I more or less understand the concept of getting and selling carbon credits, but for the life of me, I cannot get it through my head what carbon stacking actually IS and means.
Please help me out by explaining like I’m five?
In: Planetary Science
The idea is that you, as a farmer, may be eligible to receive money from carbon credit organism if you follow some ecological practices (which you supposedly do since you are running an eco farm). Now the “stacking” part comes from the fact that in some cases you can cumulate credits from different sources (e.g. from a public source and a private one), allowing you to earn more money without much more additional effort. The specifics would depend on your situation and country; typically you cannot cumulate two carbon credits (as this would defeat the purpose), but you can cumulate a carbon credit and a soil conservation credit, or a biodiversity credit, and many of the requirements will overlap.
Thank you to everyone for the insight – it was really helpful to see the debate in the comments around the implementation of carbon credit schemes and sales.
I’m not convinced it’s ideal for us to go into, but really appreciate the information!
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