Carbon storage is the process of capturing carbon dioxide from the atmosphere to reduce its presence in the atmosphere. You may also see carbon storage referred to as carbon sequestration, carbon capture and storage, CO2 storage, or carbon offsets.
Land naturally captures carbon dioxide from the atmosphere through plant vegetation (photosynthesis) and geologic processes. Companies and entities that emit carbon dioxide are now needing to offset their carbon dioxide emissions. Since your land is naturally capturing carbon dioxide, you could be earning carbon credits that companies want to buy for carbon offsets.
Carbon can be stored in your soil, trees, or underground.
Learn more about the benefits of selling carbon credits for carbon offsets on our blog.
For biological carbon capturing, the amount of vegetation growth (photosynthesis) that takes place on your property determines how much carbon dioxide is being removed from the atmosphere. Land that is in areas with dense, mature tree stands and locations with soils containing high percentages of organic carbon captures relatively high amounts of carbon dioxide. Both forested areas and farmland can capture relatively high amounts of carbon dioxide. Areas that are located in dry, arid regions with little to no vegetation capture relatively low amounts of carbon dioxide.
You can still use the surface of your land during carbon sequestration. While surface use must adhere to specific terms in order to certify your carbon credits, you will still be able to run cattle, farm, and recreate while your land is storing carbon dioxide. Subsurface carbon storage takes place underground so it does not impede the use of the surface.
Carbon credits are measurable, verifiable emission reductions from projects that reduce, remove or avoid greenhouse gas (GHG) emissions. Landowners can receive carbon credits relative to the amount of carbon stored on their land and therefore removed from our atmosphere. Carbon credits are purchased by investors that emit carbon in order to offset this carbon as mandated by government regulations.
Your carbon credits need to be verified in order to be attractive to buyers looking to offset their carbon emissions. Carbon credit verification takes place in line with nationally recognized carbon standards, such as the Verified Carbon Standard (VCS) or Climate Action Reserve (CAR), which are drawn up by independent third-party bodies. LandGate can verify your carbon credits.
The value of your land for carbon offsets will depend on many factors including the acreage, climate, tree coverage, soil types, surface activity, and more. LandGate has combined these factors to present you with a Carbon LandEstimate™, or an approximation of what your land could be worth in carbon credits through carbon offsets.
To find your carbon LandEstimate™, simply locate your property on our map and claim ownership.
You would be paid for carbon credits on your land based on the amount of carbon dioxide your specific parcel of land captures. Companies will make offers to purchase or lease your carbon credits for an allotted period of time and you will be paid on a regular basis dependent on the individual contract or carbon storage lease you sign with the purchaser.