The Smart Prosperity Institute has published a report that aims to educate farmers, but actually making money from adopting practices that reduce carbon emissions or increase biodiversity remains a daunting challenge, judging by the information in the report.
Ontario was a member of a carbon exchange with Quebec and California, but Premier Doug Ford cancelled that arrangement almost immediately after coming to power.
Farmers in Quebec can garner $30 or more for their carbon credits in this exchange.
Alberta and British Columbia are the other provinces that have some type and degree of carbon credits.
The 32-page report named Carbon Offsets for Farmers is available online.
The Smart Prosperity Institute is a national research network and policy think tank based at the University of Ottawa.
This report is a joint effort of the institute and Co-operators General, a national multi-product insurance company.
