I just watched the latest video from Ridgedale Permaculture, and I am very impressed. I live in the Pacific Northwest of the USA, around the 45°N, and there has been a lot of talk about carbon sequestration in our large forest tracts, especially working with small woodland property owners. I have been on forest walking tours with those very same companies Christian was talking about, who go to the property and make measurements. The math and data collection involved is very fascinating, but I have wondered how reliable and sustainable is this practice anyway. Especially when considering that "cap and trade" in the USA has caused a lot of companies to feel warranted in their continued unsustainable practice, because they are using carbon like currency. Like the video said, it's a lot of green washing.
On another note, I have been reading more in the blockchain and have been fascinated with the potentials it has in the monetary world, but this open-ledger use for tracking carbon sequestration seems absolutely remarkable. Obviously there is room for improvement, loopholes to close, but the potential for financial incentives to make your farming sustainable blows my mind. The biggest downfall to agriculture was corporate greed, and the motivation of profits above all other considerations, treating limited resources as profits to extract. The only way to get people back into farming, is to bring them financial success while empowering them to be more sustainable.
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