Simplot and Blue Source Alliance Helps Growers Capture Carbon Opportunities

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JR Simplot

October 29, 2009
International food and agribusiness leader J. R. Simplot Company and leading emissions reduction project developer and offset marketer, Blue Source LLC, today announced the formation of a strategic alliance to assist American farmers interested in engaging in the carbon economy.

This alliance will support the progressive carbon programs of current agriculture and American farming operations. The two companies will help farmers identify and capture opportunities related to reducing their greenhouse gas emissions through sustainable farming practices such as reduced tillage, preservation and restoration of grassland, and nutrient management.

Simplot has served the needs of the agricultural community for decades and practices their core value of long-term sustainability across their integrated food system. Their focus on sustainable practices provides them with the commitment and experience to assist growers seeking benefits associated with sustainable farming practices. This alliance will provide growers with everything needed to capture those benefits, from collecting and managing data, to realizing revenue from carbon offset sales. The strategic alliance will utilize The Agri-Data Solution™ as the data platform to document carbon sequestration activities.

“There is significant market opportunity for high-quality offsets generated by American farmers,” said Blue Source Vice President Roger Williams. “This new alliance is allowing the great farming networks of North America to fully engage in the current carbon market, and we will now be able to work more closely with farming operations, where substantial offsets can be identified through land management and operational initiatives.”

“Agriculture operations offer significant opportunities to reduce and contain greenhouse gas emissions and many of the farmers we work with are interested in taking advantage of the economic benefits afforded through the sale of carbon offsets,” said Terry Uhling, Simplot Senior Vice President, General Counsel and Secretary. “This new alliance with Blue Source will help our farming communities acquire incremental sources of revenue and make continued contributions to improving our environment.”

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