The Economics of Seaweed Farming: A Win-Win for Climate and Commerce
October 31st, 2023
While seaweed farming has been around for decades, primarily for food and cosmetic applications, its potential as a lucrative avenue for carbon credits is gaining attention. Seaweed, one of the fastest-growing organisms, not only sequesters large amounts of carbon but also produces marketable by-products like bio-stimulants and food derivatives.
Seaweed farming offers a unique economic model that pairs profitability with sustainability. By selling both the harvested seaweed and the carbon credits accrued from its growth, farmers can create diversified income streams. It's a win-win scenario that appeals to both environmentally-conscious investors and farmers looking to expand their operations sustainably.
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