The USDA is exploring structuring a federal carbon bank that would reward farmers for climate-smart practices. Speaking during the Agri-Pulse Ag and Food Policy Summit, Ag Secretary Tom Vilsack said existing carbon markets are not set up for farmers and the USDA would like input on how a bank could help meet those needs.
There is some opposition to funding a carbon bank through the Commodity Credit Corporation.
House Ag Committee Ranking Member Glenn G.T.