On the program side, there are ideas such as bonus payments in the commodity programs such as ARC-PLC. Those payments could be tied to the longevity of a producer using certain practices that sequester carbon.
The Biden administration is moving aggressively in areas related to climate change, but some policy moves will have to come from Congress. Changes such as adjusting commodity or conservation programs may have to wait until the next farm bill.
An idea that has come up repeatedly, and noted in the AGree report, is designing a “carbon bank” under USDA’s authority with the Commodity Credit Corp. A USDA carbon bank could both finance carbon practices and set a price floor for markets. It could also spur other markets after USDA has set a standard for such programs.
The AGree report also included “water” in the title and throughout to avoid repeating some mistakes in the past of just fixating agriculture on reducing emissions and carbon sequestration. Water, having too much or not enough, ties into some of the challenges from climate change. Adapting cropping practices for climate change also leads to associated benefits in water quality that should not be overlooked.
“When you look at a good strategy on fertilizer management, that can give us increased yields, increased efficiency in fertilizer, decreased nitrous oxide emissions, and at the same time you can reduce water-quality risk,” Knight said. “That’s more within reach today than it ever has been in the past. But we have to look at these things through a lens of how do you achieve a climate agenda, as well as a water-quality agenda, as well a feeding people.”
See more on AGree — The Role of Agricultural Policy at the Nexus of Climate, Food and Water at https://climatefoodag.org/…
AFBF on CARBON, RESEARCH
John Newton, chief economist for the American Farm Bureau Federation, also wrote an AFBF Market Intel report looking at carbon sequestration and land use. The report highlights that more research is needed into the tools for agriculture to sequester carbon and reduce greenhouse-gas emissions.
Newton’s piece points to the potential benefits of using agriculture and forestry as carbon sinks. Looking EPA’s carbon emissions inventory data for 2018, agricultural and forestry removed about 764 million metric tons of carbon from the atmosphere, or about 12% of all greenhouse-gas emissions. Still, carbon stocks in agriculture and forestry are down about 9% since 1990, or effectively 80 million metric tons of carbon.
Overall, agriculture also accounts for about 9.3% of U.S. emissions or about 619 mmt in 2018.
“While always open to new climate-smart practices and technology to reduce emissions levels, farmers and ranchers could play an even larger role in the future to help us achieve our climate goals by adopting voluntary practices to offset GHG emissions, such as trapping carbon in the soil through increased conservation cover and reduced tillage,” Newton wrote. “For livestock, increasing the number of anaerobic digesters and improved nutrient management and feed efficiency will help to reduce carbon emissions.”
The challenge, though, is highlighting the importance of investing in agricultural research to develop new technologies and tools to increase carbon in soils “without jeopardizing the world’s production of food, fiber and renewable biofuels.”
See more on American Farm Bureau Federation Market Intel — Reviewing U.S. Carbon Sequestration: Land Use Data Underscores the Importance of Agricultural Research in Reducing Emissions at https://www.fb.org/…
21st CENTURY AGRICULTURE RENAISSANCE
Layering on with the climate-smart agriculture reports comes a new white paper from Solutions from the Land, which has continued to work in the climate and agriculture space. The 30-page report, “21st Century Agriculture Renaissance,” was written by farmers and ranchers highlights broader goals for ensuring agricultural stewardship is rewarded and sustainable.
Looking again at feeding a population of 10 billion people by 2050, the Solutions from the Land report looks at some of the changes needed in agricultural systems to build resiliency for farmers, livestock producers and foresters. The report stresses the need for solutions that help ensure agriculture is profitable for those who live on and operate the farm.
Outside of purely conservation measures, Solutions from the Land points to opportunities in technology such as gene editing, biological inputs to replace chemicals, and technology to monitor water and soil nutrients. The report also looks beyond the U.S. to agricultural management changes in other countries. For instance, the United Nations has 17 sustainable development goals and agriculture fits in several places.
“Today’s agriculture must address hunger, livelihoods, water scarcity, clean water, healthy soil, ecosystem resilience, climate change, greenhouse gases and a whole range of local and global realities,” the report states.
See more on 21st Century Agriculture Renaissance: Solutions from the Land
Chris Clayton can be reached at Chris.Clayton@dtn.com
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