![]() The second crop of credits represents more than 110,000 metric tons of carbon dioxide and other greenhouse gas emissions sequestered or abated by farmers. We’re incredibly pleased to see the growth in this program.” “Carbon by Indigo has allowed us to earn an additional revenue stream from our operation, while also improving soil health for future generations. “The economic and agronomic benefits made joining the Carbon by Indigo program an easy decision for us,” said Kenton Carley, who grows corn and soybeans in Illinois. Indigo claims the second carbon crop demonstrates the repeatability of this process, its potential for growth, and its appeal to both farmers and buyers.įor the first and second carbon crops, Carbon by Indigo farmers were paid $30 per credit. Indigo’s first carbon crop, issued in June of 2022 and consisting of more than 20,000 credits, established the company as the first to ever generate verified, registry-issued agricultural carbon credits at market scale. Post-buffer pool number of credits was nearly 19,000 for first issuance and nearly 93,000 for second issuance. Indigo Ag previously shared post-buffer pool number of credits in its first issuance announcement. Indigo says the number of agricultural carbon credits is a pre-buffer pool. We are incredibly excited about the strong demand we are seeing from companies looking to high-quality offsets as part of their climate roadmaps.” “The verified credits produced by the Carbon by Indigo program represent significant and immediate environmental benefits. ![]() “Our second crop of soil-based carbon credits signifies the enormous growth and potential for farmers to sequester more carbon in the soil while increasing their own profitability, with 75% of the credit revenue going directly back to farmers,” said Ron Hovsepian, president and CEO of Indigo Ag. farmers enrolled in its carbon farming program, Carbon by Indigo. Issued by the Climate Action Reserve, Indigo’s second crop of credits was produced by U.S. Indigo Ag today announced the completion of its second carbon crop, consisting of more than 110,000 agricultural carbon credits.
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