Carbon Farming

Connecting Climate Impact Reduction with Business 

Agriculture, as well as being a means of sequestration is a contributor to greenhouse gas emissions. This is in the form methane (CH4), nitrous oxide (N2O) and Carbon Dioxide (CO2) https://www.frontiersin.org/articles/10.3389/fsufs.2020.518039/full#B30. Whilst hemp farming has inputs, such as transport, that generate CO2 these are negligible in comparison with those of renewable energy and higher input agriculture. Carbon Futures is working with farmers to protect their interests into the future.

The size of Australia’s land sector is approximately 769 million hectares. Added to this is the fact that Australia has half of the worlds certified organic farmland and a robust certification system. This means that certified organic carbon offsets can be generated on a large scale. Although Carbon Futures is an Australian based company, we are in the process of partnering with farmers and producers in other markets. Using our proprietary methodology, there is no barrier to trading carbon from hemp farms in other countries and continents. There is also no barrier to selling Australian-derived offsets to overseas entities. 

Offsets are tracked using blockchain to guarantee provenance, giving farmers and clients the confidence that we are compliant and offering best practice management.

One of the key parameters of evaluating a carbon project is additionality. The onus is on the project owner to prove that the project has a positive impact compared to the state of the area had the project not happened. Carbon Futures has developed a model to use in evaluating the sequestration of carbon by hemp crops and organic crops.