What is a soil carbon programme?

What is a soil carbon programme and what can it do to improve my farm and finances?

“Soil carbon sequestration is a naturally occurring process that involves atmospheric carbon dioxide capture and storage in soils. Carbon atoms constantly move from the atmosphere to the Earth and then back to the atmosphere. The world’s soil, along with forests and oceans, is a major carbon sink—it has the ability to absorb and store massive amounts of carbon from the atmosphere. Because our planet and its atmosphere are a closed environment, the amount of carbon in this system does not change. Where the carbon is located, however, in the atmosphere or on Earth, is constantly changing. Since the industrial revolution, human activities, including conversion of grasslands and other ecosystems to industrial agriculture uses, have degraded soils and led to the release of billions of tons of carbon from soils into the atmosphere.”

There is a lot of misunderstandings and confusion about what a soil carbon programme is and how it works. Farmers know how to manage and grow a wide variety of crops and livestock, but are not always as knowledgeable about what is going on beneath the topsoil.

At the end of last year the Clean Energy Regulator (CER) streamlined further the application process to register a soil carbon programme for Australian Farmers.

If through better environmental practices, farmers can improve the levels of carbon in their soil, it can be worth hundreds of thousands, or possibly millions of dollars of carbon credits that can be claimed by the farm owner as part of a long term investment programme.

The registration process with the CER can be tricky, and involve a bit of effort and capital to set up, but once implemented, soil carbon can accumulate in the background with one or two soil sample audits, and after five to ten years, be a welcome top up to any superannuation or retirement fund! 

Australian Carbon Credit Units (ACCU’s) are drought proof, fire proof and have been rising sharply in value over the last year as large businesses want to buy them to offset their own carbon footprints to meet corporate goals. The farmer who successfully grows soil carbon can see unintended benefits of healthier soils, better crop yields, better water retention and cleaner run off due to the lack of synthetic pesticides and fertilizers the farm is now using.

Carbon farming is not for everyone, but If you or your farm manager is interested in finding out more about this process, ABS can help arrange an environmental audit of your current level of carbon in the soil, and provide a professional assessment of the potential returns and what the capital outlay is required to get registered.

If you would like an environmental assessment or to find out more about soil carbon, send us an email at info@abses.com.au or call 0434557094

For a more detailed explanation of soil carbon and soil sampling this you tube video is very helpful.

Soil Carbon Farming

As a landowner you have hopefully profited from what you grow on your land, whether it’s livestock or crops. It’s been a lot of blood, sweat and tears with many environmental challenges you didn’t expect.

But have you ever thought that under your feet is a microscopic crop that could yield 1000% or more return from your investment? It’s drought resistant and government backed; Soil Carbon.

The agriculture sector was responsible for 15 per cent of Australia’s greenhouse gas emissions in 2019, emitting 76.5 million tonnes.

Cattle and sheep account for 75 per cent of emissions in the sector. Assuming herd numbers recover from recent years of drought, emissions are projected to rise, reaching 82 million tonnes by 2030.

Proposed regulations in the EU and UK are recommending any imported goods into the zone will be liable to state its carbon emissions and any carbon offsets that may have been acquired to reduce it. This is a carbon tax that will hit farmers’ wallets. Leading supermarket chains here in Australia are already asking their suppliers what they are doing to offset their impact.

You already know your farm is vulnerable to climate change and it may have had a devastating impact already.

But there are things that can and should be done now.

ABS can help with some practical advice to farmers on how to reduce emissions and secure resilient income streams that may turbocharge your superannuation fund.

After an initial assessment, the key to gaining soil carbon credits can sometimes be as simple as minor changes to land management practices. Indeed, these can boost farm productivity and store carbon while improving water retention.  The additional carbon sequestered can be used to offset the farms own carbon emissions or sold to corporations who increasingly want them.

Curbing emissions today is the key to maximising this economic opportunity tomorrow.

Carbon farming is a long-term opportunity, not a get rich quick scheme. Unlock the hidden value in your land, help the environment recover and improve your own farms profitability.

Call us to find out more.

Our carbon cup runneth over!

How can you tell if a company is serious about their carbon commitments?

Multi-national corporations have only in the last year or two have stepped up rhetoric and action to lower their carbon footprint and are in many cases participating in the voluntary carbon offset market. But is this a genuinely effective strategy or “greenwashing?”

We like to think of the carbon in the atmosphere as a bath that is being filled with multiple taps from around the world and it’s getting pretty full.

Reducing your business’ carbon footprint is of course a good thing, as it slows the flow of water from your own tap, but what really needs to happen is for people to start taking water out of the bath. This is what genuine carbon sequestration does, and as humans we need to punch more holes in the bottom of the bath!

Three simple steps to zero

1. Get an accurate baseline of your current carbon footprint and form a sensible plan to reduce your power, gas and water and waste. This is typically easier if you are a small organization and not expensive to do.

• Review the carbon content of the products or services you provide and include the fuel used to bring it to your office and/or customer. The level of complexity rises as businesses will need an on site audit and the consultant to work with your engineers or designers to understand the product and perhaps offer some simple ways to reduce its carbon content.

• Do a comprehensive review of your upstream and downstream supply chain. Contact all your suppliers and ask them to provide you with a statement of their own efforts to meet your environmental and social governance goals. This can take some time to complete, but we are already seeing supermarket chains pushing this agenda down to the farms and food processors that supply them. Failure to comply could lose your biggest customers. Getting ahead of this can save your business a lot of potentially lost revenue or put you in the box seat for new contracts.

Driving to NET ZERO and BEYOND

Microsoft is taking the unusual step of taking the superhighway to zero, and they can afford it. In 2020 management approved a programme to find ways to not only be carbon neutral, but to effectively remove all the carbon the company has produced since 1975! This will in part be funded by a carbon tax on their suppliers, but also a $1bn innovation and low carbon fund. Perhaps one of the biggest problems in the carbon offset market is the lack of credible auditing to verify genuine carbon sequestration. Microsoft have decided to use global accountants Deloitte to write their sustainability report.

The problem now is going to be finding enough genuine carbon sequestration projects that can be verified as taking out enough tons of carbon to meet that 1975 to present goal! This is a constantly evolving market said to be worth $48 billion dollars in the next 10 years. Maybe humanity will find that bath plug and start making a meaningful impact on draining enough carbon out.