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Balanced Reporting. Trusted Insights.
Saturday, March 25, 2023
The largest food and beverage company in North America, PepsiCo, aims to deliver approximately three million metric tons of greenhouse gas (GHG) emission reductions and removals by 2030 as a result of new agreements with farm organizations.
Strong commodity prices and tight grain stocks are likely to keep pressure on fertilizer prices for some time to come, a representative of the industry told the House Agriculture Committee on Tuesday.
Congressional leaders released a massive year-end bill Tuesday that would provide $3.7 billion in disaster aid for farmers and enact the Growing Climate Solutions Act to facilitate ag carbon markets.
Agriculture Secretary Tom Vilsack announced a new round of climate-smart commodities projects, funding smaller initiatives that target niche markets and often have a greater role for minority farmers and institutions.
House Republicans are preparing to take on the Securities and Exchange Commission over its sweeping plan to require companies to track and disclose the greenhouse gas emissions in their supply chains.
The Biden administration is pouring $2.8 billion, far more than originally planned, into a series of pilot projects aimed at developing markets for climate-smart commodities in every state and across a wide range of commodities and farm types. Another $700 million for smaller projects will be awarded later.
President Joe Biden’s nominee to be the administration’s chief agricultural negotiator is expected to get committee approval this week as lawmakers start wrapping up their pre-election to-do list.
The California Air Resource Board’s decision to ban the sale of new gas-powered passenger vehicles by 2035 is likely to have an impact well beyond that state’s borders.
