Tuesday, July 29, 2008

Another $8 million in real money exchanged for imaginary climate benefits

National Farmers Union › Blog Archive › NFU Carbon Credit Program Generates $8 Million for Farmers and Ranchers
WASHINGTON (July 29, 2008) - More than 2,300 farmers and ranchers will receive checks in the mail this week for capturing and storing carbon dioxide in their soil through the National Farmers Union Carbon Credit Program.

National Farmers Union President Tom Buis said total earnings from no-till and seeded grassland offsets generated $5,876,825 in income for 2006 and 2007 practices. To date $8 million has been earned by producers since the voluntary program began in late 2006.

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