What We Do

In a nutshell, AgraGate is the “country elevator” of the carbon credits marketplace. AgraGate combines carbon credits from agricultural offset projects initiated by American farmers, ranchers and private forest owners. The pools of offsets are verified by a third party, then offered for sale on the Chicago Climate Exchange (CCX).

CCX members have made voluntary, legally binding commitments to reduce their emissions of greenhouse gases by 6 percent below their 1998-2001 baselines by 2010. They can meet their compliance commitments in three ways: by internal emission reductions; by purchasing credits from other CCX members who have exceeded their required reductions; or by purchasing offsets such as those aggregated from agricultural and other sources.

Purchased offsets cannot be used for more than 50 percent of a member’s reduction commitment.

Electric power generators, manufacturing companies and state and local governments are among the purchasers of carbon credits.

 

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