2011-07-05

Global News: California rice project to strengthen carbon credit market?

(News resource: Western Farm Press, Jun. 30, 2011)

USDA announced in June it would fund nine projects across the country focused on various aspects of greenhouse gas mitigation practices. The Obama administration hopes the projects will strengthen the backbone of markets concerned with carbon credits. Among the projects announced by Agriculture Secretary Tom Vilsack was a $1.1 million grant to the Environmental Defense Fund (EDF) to “develop and implement a first-of-its-kind initiative to demonstrate reductions in greenhouse gas emissions in rice production. ”
For the project, EDF will partner with Arkansas-based Winrock International.