We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Privacy Terms and Cookie Policy
Shining Light on Farm & Food Policy for 20 Years.
Monday, April 29, 2024
A new report from the AGree coalition recommends alternatives for the Agriculture Department to consider in setting up a carbon bank that could be used to develop private credit markets and to assist producers who may be left out of them.
The last time a Democratic administration tried to pass climate legislation, in 2009, the bill died in the Senate partly because of resistance from farm groups. This year, one of the first significant climate bills a congressional committee is going to vote on is a measure backed by farm groups – the Growing Climate Solutions Act, which is aimed at facilitating the development of ag carbon markets.
The Senate Agriculture Committee is moving quickly to advance a carbon market bill that would deliver a rare bipartisan win on climate legislation even as President Joe Biden is trying to convince world leaders that the U.S. is serious about slashing greenhouse gas emissions.
A landmark bill aimed at smoothing the development of ag carbon markets has been thoroughly rewritten to protect farmers and to give them more say over the certification of credit verifiers and technical advisers.
This afternoon, Senate Agriculture Chairwoman Debbie Stabenow, D-Mich., and GOP Sen. Mike Braun of Indiana will release a new version of their Growing Climate Solutions Act, a bill intended to speed the development of ag carbon markets. The measure would put USDA in charge of certifying credit verification services and technical advisers.
This week will be the most important so far when it comes to climate policy. In connection with a global leaders summit that President Joe Biden is holding online Thursday and Friday, the administration is expected to release a new pledge for reducing U.S. greenhouse gas emissions.
President Joe Biden is expected this week to issue a pledge to slash America’s greenhouse gas emissions over the next decade, and he'll host a global climate summit where world leaders will be watching to see how far he’ll go to ensure the commitment is met.
Agriculture Secretary Tom Vilsack says he’ll make sure the Treasury Department understands the importance of stepped-up basis to farm groups. Vilsack was pressed about that issue during an appearance Wednesday before the House Ag Appropriations Subcommittee.
The Agriculture Department is ending the Farmers to Families Food Box program and shifting to more effective ways of delivering fresh produce and dairy products, says Agriculture Secretary Tom Vilsack.
Farm groups are bracing for a possible effort in Congress to impose new taxes on inherited land and other assets as a way of addressing wealth inequality while raising revenue Democrats will need to fund new infrastructure or social spending.