Sept. 28 webinar highlights current market, importance of carbon contracts
Carbon contracts involve both the agriculture industry and federal government and have important ramifications for farmers. Under these agreements between farmers and market operators, farmers adopt new practices to sequester carbon and are then paid by a third party for the amount of additional carbon sequestered over time.
By Drew Viguet
U of A System Division of Agriculture
Sept. 20, 2022
Fast Facts:
- Webinar is Sept. 28, 11 a.m. Central/noon Eastern.
- Stephen Carpenter, deputy director, senior staff attorney at Farmer’s Legal Action Group, Inc., will be presenting on carbon contracts.
- Register online.
(358 words)
(Newsrooms: With art of Carpenter)
FAYETTEVILLE, Ark. — When companies approach farmers with contracts to sequester carbon in the soil, it is critical that farmers know exactly what they are agreeing to before signing, according to Stephen Carpenter, deputy director of the Farmer’s Legal Action Group, Inc.
Carpenter will be the presenter for the National Agricultural Law Center’s webinar “A Farmer’s Guide to Carbon Contracts” on Sept. 28. The webinar, part of the center’s “Continuing Carbon” series, will be held from 11 a.m. to noon Central. There is no cost to attend and attendees can register online.
Carbon contracts involve both the agriculture industry and federal government and have important ramifications for farmers. Under these agreements between farmers and market operators, farmers adopt new practices to sequester carbon and are then paid by a third party for the amount of additional carbon sequestered over time. These contracts can vary widely in terms of scope, structure, and common provisions.
“Understanding carbon contracts and the language used in them is integral for farmers,” Carpenter said. “My goal with this presentation is to help farmers better understand these contracts and present information that will benefit them by covering basic terminology, phrases, and content that is often found in these agreements.”
Harrison Pittman, director of the National Agricultural Law Center, said that Carpenter’s background and experience makes him a valuable resource for information on carbon contracts.
“Stephen is well-regarded in his field, and we’re excited to have him for our upcoming webinar on carbon contracts,” Pittman said. “This is a timely topic that fits in very well with our ‘Continuing Carbon’ series. Farmers should be equipped with the latest information on common provisions found in these contracts.”
For information about the National Agricultural Law Center, visit https://nationalaglawcenter.org/ or follow @Nataglaw on Twitter.
About the National Agricultural Law Center
The National Agricultural Law Center serves as the nation’s leading source of agricultural and food law research and information. The NALC works with producers, state and federal policymakers, Congressional staffers, attorneys, land grant universities, and many others to provide objective, nonpartisan agricultural and food law research and information to the nation’s agricultural community.
The Center is a unit of the University of Arkansas System Division of Agriculture and works in close partnership with the USDA Agricultural Research Service, National Agricultural Library.
About the Division of Agriculture
The University of Arkansas System Division of Agriculture’s mission is to strengthen
agriculture, communities, and families by connecting trusted research to the adoption
of best practices. Through the Agricultural Experiment Station and the Cooperative
Extension Service, the Division of Agriculture conducts research and extension work
within the nation’s historic land grant education system.
The Division of Agriculture is one of 20 entities within the University of Arkansas System. It has offices in all 75 counties in Arkansas and faculty on five system campuses.
The University of Arkansas System Division of Agriculture is an equal opportunity/equal access/affirmative action institution. If you require a reasonable accommodation to participate or need materials in another format, please contact dviguet@uark.edu as soon as possible.
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Media contact:
Drew Viguet
National Agricultural Law Center
dviguet@uark.edu