Caramel Covered Peanuts

Mix sugar and molasses with 125 ml (approximately .5 cup) of water in a pot. Bring to a boil while constantly stirring.

Cook sugar mixture over high heat until light colored caramel forms. Avoid excessive stirring at this point. Cook until caramel reaches 145 ° C (approximately 300 ° F) on a

When the caramel has reached the correct temperature,  add nuts and cook for another 2-3 minutes. Remove from heat and stir in butter and baking soda.