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re: I have someone trying to pitch me on Solar Farms...
Posted on 9/14/22 at 12:01 pm to SugarCane318
Posted on 9/14/22 at 12:01 pm to SugarCane318
quote:
They are locking up land with 25-30 year leases but all they are really farming is “carbon credits.” As soon as the subsidies dry up(the only thing that’s making these ventures profitable), they will vanish.
I don't agree that subsidies are going to drive the carbon market in the future because the voluntary market will keep growing. But it is important to remember that carbon is a commodity so it's prone to commodity cycles especially as supply comes online all over the world.
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