On RFD-TV: Greg Ibach | Carbon Credits
We’ve heard a lot of buzz lately about sustainability, conservation programs and carbon credits. Greg Ibach, USDA Under Secretary in residence at the University of Nebraska-Lincoln’s Institute of Agriculture and Natural Resources talks about the issues on RFD-TV Oct. 12, 2021.
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[00:00:00.300]Well, the environmental impact of U.S. agriculture has been
[00:00:03.300]gaining attention from both urban and also rural areas. Over
[00:00:07.020]the past few months, there's been a lot of buzz about
[00:00:09.750]sustainability and conservation and carbon credits. USDA
[00:00:13.860]Undersecretary in residence at the University of
[00:00:16.290]Nebraska-Lincoln, Greg Ibach joins us now with the latest.
[00:00:19.470]And as always, thank you for very much for very much for
[00:00:22.440]joining us here under secretary we appreciate your time.
[00:00:25.080]Now, for those who don't know, what are some of the most
[00:00:27.330]common misconceptions about the environmental impact of
[00:00:33.010]Well, I think the two biggest misconceptions, Janet, are
[00:00:36.550]that we got it all figured out and it's simple. What we're
[00:00:40.480]doing right now at the University of Nebraska is we're
[00:00:43.600]looking back at 40 years of research where we've done things
[00:00:48.010]to look at how carbon sequestered in different soil types
[00:00:53.230]under different tillage and range land conditions. And we're
[00:00:58.390]going to try to catalog those so that we can look and
[00:01:01.420]understand the science and be able to advise farmers and
[00:01:05.170]ranchers about what the conditions on their farm might mean
[00:01:08.950]to them as far as carbon.
[00:01:11.380]So give us an update if you would on carbon credits and how
[00:01:16.890]Carbon credits is based on the theory that there's some
[00:01:20.220]things that you do in your business, in your manufacturing
[00:01:24.000]firm or on your farm that sequester carbon out of the
[00:01:27.480]environment and put it back into the soil or into the plant
[00:01:30.750]material. And there are some things that you do like driving
[00:01:34.110]your car or taking your kids to school that emit carbon. And
[00:01:38.790]so the carbon trading system is based on the concept that
[00:01:42.540]those that sequester, earn credits and those that, you know,
[00:01:47.970]emit, need to perhaps buy credits to cover those sins. As a
[00:01:53.340]farmer or rancher myself, my concern is that if I sell my
[00:01:58.290]credits off my ranch, and then I tried to sell my calves,
[00:02:02.760]and the carbon company comes to the feedlot and says, 'Hey,
[00:02:06.750]you need to pay us for some of those carbons that you're
[00:02:10.170]releasing into the environment,' that he's just going to bid
[00:02:13.530]less for my calves. So what we'd like to do at the
[00:02:16.020]university, is figure out is there a model where I can
[00:02:19.800]transfer my credit with my calves, the corn farmer can
[00:02:22.470]transfer his credits with his corn, and we have a beef
[00:02:27.690]Now Nebraska is known as the beef state and the
[00:02:30.270]environmental impact of beef production has certainly
[00:02:32.310]received a lot of attention through the years. Now I
[00:02:34.560]understand UNL is hosting an event to debunk some common
[00:02:37.740]misconceptions about the industry. What can you tell us
[00:02:42.010]Well, we're gonna have Frank Mitloehner from University of
[00:02:46.030]California-Davis, we're going to have Galen Erickson from
[00:02:49.150]UNL. We're going to have Larry Quint from Conagra. And we're
[00:02:52.810]going to have Colin Woodall from NCBA join us at a Heuermann
[00:02:56.740]Lecture on October 25 to talk about the system, the winners
[00:03:02.410]the losers and how we balance those out.
[00:03:05.080]Now, if folks wanted more information on that event, where
[00:03:07.210]could they find those details?
[00:03:09.760]Well, they can find those details at unl.edu. And then we
[00:03:14.980]can also they can watch it on live streamed or recorded.
[00:03:19.480]All right, well thank you very much for joining us this
[00:03:21.370]morning, Undersecretary Greg Ibach, with the University of
[00:03:24.460]Nebraska-Lincoln's Institute of Ag and Natural Resources
[00:03:27.250]connecting with us this morning again, thank you very much
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