Canada will provide financial incentives to reduce methane emissions from cattle

Published Dec 20, 2023

Tridge summary

Canada has released a draft protocol, REME, which rewards farmers for reducing methane emissions from beef cattle operations by allowing them to sell compensation credits. The protocol aims to encourage farms to improve animal diets and management to reduce emissions, with each credit representing one ton of emissions reduction. This initiative is part of the government's efforts to support the agricultural sector in reducing greenhouse gas emissions, including a $12 million investment in the Agricultural Methane Reduction Challenge.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Canada published a draft of the fourth protocol under the Canada Greenhouse Gas Offset Credit System. This new draft protocol, titled Reducing Enteric Methane Emissions from Beef Cattle (REME Protocol), will incentivize farmers to implement changes that would reduce enteric methane emissions from their beef cattle operations with the opportunity to generate compensation credits that they can sell. The REME protocol will encourage beef cattle farms to reduce enteric methane emissions by improving animal diets, management and other strategies that support more efficient animal growth. Each credit represents one ton of emissions reduction. The credits can be sold to facilities that will use them to meet their emissions reduction obligations, or to other companies to meet their low-carbon economy commitments. This means fewer methane emissions and more financial opportunities for Canadian farmers. To ensure that the offset protocol is a practical solution for farmers to earn income ...
Source: Elagro

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