Voluntary markets for agricultural carbon credits are expanding, promoting climate-smart practices purported to increase soil carbon and reduce greenhouse gas emissions. To contribute effectively to climate mitigation, markets must deliver credits that meet international standards guaranteeing credits are additional, conservative, and equivalent to at least 1 ton of CO2. Yet protocols for quantifying credits make different assumptions, raising questions about whether protocols meet the ‘equivalency standard’. We test for equivalency using a common dataset of 4988 US Midwestern corn-soybean fields, representing a carbon market project, to estimate credit issuances for adoption of no-till plus cover cropping practices. We find issuances, across the three major protocols being used for US croplands, differing for this common project by up to ∼130 000 credits per year. Our ‘Protocol Intercomparison Project’ reveals how quantitative evaluations can identify assumptions generating marked differences in crediting, thereby guiding research that informs protocol revisions to build confidence in mitigation and demonstrating paths forward for protocol harmonization efforts.
Observations from the Little Bunker
Last updated: December 19, 2025 10:10 PM
Atmospheric CO₂
427.2 ppm
+17.7
ppm/year
Atmospheric CH₄
1930.95 ppb
+-3.5
ppb/year
Global Temperature
+1.48 °C
Peak: +1.73°C
World Population
8.1 billion
+67
million/year