US Senate Passes Bipartisan Legislation to Incentivize the Process of Carbon Offsetting

The US Senate has voted 92-8 to adopted climate legislation aimed at alleviating the access for farmers to the carbon markets in order for them to be incentivized for the processes of carbon offsetting, Fox News informed.

The House is currently preparing its own version of the legislation.

The Growing Climate Solutions Act is set to establish a new program for certification at the USDA (US Department of Agriculture), which would help farmers, foresters and ranchers to earn money by selling carbon credits in programs from the private sector. These carbon credits are generated through curbing operations emissions or extracting carbon dioxide from the air and pointing it into the plants.

Be the first to comment

Leave a Reply

Your email address will not be published.