I am not a big fan of “carbon farming”. So many reasons which speak against it, even though the approach in general is well intended. But have a look at this article, and see what big businesses – like Bayer – make out of it.
Bayer is the big winner here. It gets increasing control over farmers, dictating exactly how they farm and what inputs they use. Getting more farmers to use reduced tillage or no-till is of huge benefit to Bayer. The kind of reduced tillage or no-till promoted by Bayer requires dousing fields with tonnes of its RoundUp (glyphosate) herbicide and planting seeds of its genetically-engineered Roundup resistant soybeans or hybrid maize.Bayer also intends to profit from the promotion of cover crops. The very month that it launched ForGround, it took majority ownership of a seed company developing a gene edited cover crop, called CoverCress. Seeds of CoverCress will be sold to farmers who are enrolled in ForGround and the crop will be sold as a biofuel.