First-Of-A-Kind Credits
AgriCapture’s first-of-a-kind credit issuance is a landmark moment for the US rice industry. Connecting rice farmers to the voluntary carbon market helps them earn financial incentives for changing irrigation and on-farm practices to reduce methane emissions from flooded rice fields.
If we are going to meet our global emissions reduction goals for 2030, we need to act quickly. We believe farmers can lead the way.
“AgriCapture is leveraging financial incentives via the carbon offset market to transition US rice farming to lower carbon intensity and lower water usage.”
Tyler Hull, President of AgriCapture
Key Environmental Outcomes
Rice is a thirsty crop. Conventionally grown rice uses continuously flooded fields before harvest. This increases water use and methane production.
We know that water is vital for life.
Why do we care about methane? Methane is a potent greenhouse gas with a global warming potential (GWP) approximately 81 times more potent than CO2, over a 20-year period.
As we work to mitigate climate change, what if we could also protect our water? How can we implement practices that are good for local watersheds and the global atmosphere?
AgriCapture’s credit issuance represents 37,615 tonnes of carbon dioxide equivalent (CO2e) reduced, and 9 billion gallons of water saved.
If that sounds like a lot, you’re right.
37,615 tonnes of CO2e avoided is equivalent to the:
- GHG emissions from 96,202,903 miles driven in an average gas-powered passenger vehicle
- CO2e emissions from consuming 87,087 barrels of oil
- Carbon sequestration potential of nurturing 621,967 tree seedlings for 10 years
9 billion gallons of water saved is equivalent to:
- 9x the daily water use of New York City
- Filling more than 13,600 Olympic-sized swimming pools
- Filling more than 150 million bathtubs
Are you ready to support U.S. farmers and reduce emissions? Learn more about purchasing rice methane emissions reduction credits or email us at [email protected]
