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CENTRAL ILLINOIS (WCIA) — There is a local effort to sequester carbon in farm fields and reduce vehicle emissions through the use of low carbon fuels and tax credits.
On Wednesday, details were released by the United States Department of Agriculture (USDA) on things like tillage, cover crops, fertilizer application and other agronomics. Stu Ellis caught up with Rod Weinzierl, Executive Director of the Illinois Corn Growers, to find out how farmers are impacted by this.
Weinzierl said he hopes ethanol plants will want farmers to produce corn or will reward farmers that produce corn using these farming practices. As the corn goes through the ethanol plant and produces ethanol, the plant is able to submit the data to the Department of the Treasury.
This could lead to a tax credit being received which would then flow back from the plant to the farmer, rewarding the farmer for using these practices. By this rule having a tax credit, it is encouraging farmers to use these practices.