| Autor: |
Gratz, Danielle, Cornish, Amanda, Goeringer, Paul |
| Předmět: |
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| Zdroj: |
Drake Journal of Agricultural Law; 2023, Vol. 28 Issue 1, p3-26, 24p |
| Abstrakt: |
Agriculture, like many industries, will face impacts from climate change, but at the same time can offer services that can be utilized to combat climate change. One of those services is sequestering of greenhouse gases (GHGs). This can occur by the agricultural operator changing practices to those that encourage the sequestering of carbon, such as planting of carbon crops and using no-till. Companies have begun to offer landowners contracts for the sequestering of GHGs through the adoption of new conservation practices. This is currently taking place in regions of the country with lower conservation practice adoption, such as the Midwest and Southern High Plains. As landowners are presented with these contracts, they often need help understanding the terms and how they will potentially be compensated. Maryland currently has a large number of agricultural operations that have adopted conservation practices in order to meet water quality goals for the Chesapeake Bay watershed. Companies are beginning to offer landowners contracts to adopt additional practices to sequester GHGs in Maryland. Landowners presenting these contracts will need to understand the science behind GHG sequestration, the cost of implementing new practices, and the legal contract being presented to them. This commentary walks through many of these issues to highlight what the landowner might consider doing with these contracts. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
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