The U.S. Senate passed the “Growing Climate Solutions Act” on June 24 with a vote of 92 to 8, which mandates that the U.S. Department of Agriculture facilitate the certification of rates of CO2 capture in farmland soil, so farmers can cash in on the volunteer carbon-credits market. The bill now goes to the House of Representatives.
The USDA is to see that middlemen certification outfits verify farm soil practices and then nice big companies like Microsoft, Danone, Pepsico, and others will pay the farmer for his carbon capture, then the nice company can go out and sell and speculate on the new “financial instrument.”
This crazed practice has support from right, left, and center, including some 75 groups ranging from commodity and related organizations, such as the Farm Bureau and the National Farmers Union, to the World Wildlife Fund and the Nature Conservancy.
