Tag Archive for: Carbon Credit

Where There’s Muck, There’s Money

Author: Dave Chambers | Published on: December 14, 2016

Spier, in Stellenbosch, has earned R204,000 in carbon credits for reducing its carbon dioxide output by practising “regenerative farming”.

Twenty-seven farmworkers have shared half the money, receiving an average of R4,000 each.

“The farm has acquired the credits for sequestering 6493 tons of carbon dioxide in its soil, which is cultivated in as natural way as possible by using regenerative farming practices like high-density grazing,” said Spier livestock manager Angus McIntosh.

“This is a technique that involves frequent stock rotations aimed at using livestock to mimic nature by restoring carbon and nitrogen contained in livestock and poultry urine to the soil profile.”

The credits were bought by a South African bank, brokered by Credible Carbon, a business that facilitates carbon-trading through credits earned for reducing greenhouse gas emissions and global warming.