I believe many are missing the most important point. I take full responsibility for this, because I failed to emphasize and communicate it.
A
carbon market with verified carbon offsets specifically takes advantage of the best known economic motivator known to mankind, the capitalist free markets.
If you want somebody to do something, pay them to do it, and they will!
Right now the farm bill pays farmers to produce a glut of corn and soy in a way that causes AGW, being somewhere in the range of 10-20 % of emissions.
Sadly we are paying farmers to be a significant source of AGW and they are doing it! Society is getting what we paid for.
So right off the bat as soon as we stop paying farmers to over produce corn and soy by means of unsustainable methods causing AGW, they will stop doing it. That reduces emissions at least by 10% alone, using the conservative low end.
Then of course they still need to make a living. So this carbon market with verified carbon offsets will instead pay them to do their farming in a way that sequesters carbon in the soil.
That means restoring the tallgrass prairie ecosystems would now be more profitable than raising corn and soy! And what would any farmer with a lick of sense do? He would stop raising a glut of corn and soy, and instead replant degraded crop fields with prairie grasses. Instead of raising corn and soy to feed animals and gasoline tanks, we can raise animals on the prairie and restore the most productive terrestrial biome on the planet. One that indeed does sequester carbon in the soil at the rate of at least 5-20 tonnes CO2e/ha/yr. [
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That means instead of socialist basic income paying people to sit on their arse, and trying to eliminate fossil fuel powered transportation 100% in 10 years, and all the other unworkable parts of the New Green Deal, we instead pay hard working farmers to balance the carbon cycle for us!
That way instead of trying to destroy the best parts of capitalism to fix AGW, we instead use this powerful aspect of capitalism to fix it!
Such a huge difference between conservative conservationists and liberal environmentalists.