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HEMPALTA

2024 Forward Carbon Credit

2024 Forward Carbon Credit

$35.00 CAD
$35.00 CAD
Sale Sold out

200000 in stock

We are currently in the process of engaging farmers for the 2024 season, planning to contract, grow, and process up to 40,000 acres.

Forward Credits
Buying forward credits allows buyers to lock in today’s pricing for the future delivery of carbon credits. You will be charged 50% of the total cost now, with the balance due when the credits are validated and issued as carbon certificates.
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  • Hemp plants have the remarkable capacity to absorb as much as 10 tonnes of CO2 per acre.

  • Industrial Hemp has the capacity to absorb 10 times the amount of CO2 compared to reforestation projects.

    -Tim Rosen

  • In addition to purifying the air from greenhouse gases, hemp plants also possess the unique ability to absorb carcinogenic heavy metals, such as mercury, lead, or cadmium, from soils.

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Carbon Market Impacts of Industrial Hemp Sequestration

Industrial hemp farms play a crucial role in the carbon markets, thanks to the remarkable CO2 sequestration potential of this versatile crop. Known for its rapid growth and exceptional ability to absorb carbon dioxide, hemp actively draws CO2 from the atmosphere and stores it within its biomass and roots, effectively sequestering carbon. This process of carbon sequestration is highly valuable within the carbon markets, where carbon credits are traded to represent greenhouse gas emissions reductions or removals.

The significance of industrial hemp's sequestration potential lies in its swift growth cycle, with certain strains maturing in as little as three months. This allows for multiple harvests per year, ensuring a continuous and efficient CO2 sequestration process. Moreover, hemp's versatility as a raw material in various industries fosters a sustainable and circular economy, reducing the reliance on emissions-intensive alternatives.

By participating in the carbon markets, industrial hemp farmers can not only diversify their revenue streams but also make meaningful contributions to climate change mitigation. As more organizations strive for carbon neutrality and emissions reduction, the demand for carbon credits is expected to rise, making the sequestration potential of industrial hemp farms increasingly valuable.

Ultimately, the sequestration of CO2 from industrial hemp farms presents a renewable and scalable solution for carbon contributions, making a positive impact within the carbon markets and advancing sustainable practices for a greener future.

[UN Report - Link to the report:

https://unctad.org/system/files/official-document/presspb2023d4_en.pdf]