President Joe Biden tries this week to sell congressional Republicans on his massive spending plans and tax proposals, while his nominee for the No. 2 position at the Agriculture Department moves closer to a final Senate vote.
Farm and environmental groups that often disagree on ag policy are urging the Agriculture Department to prioritize climate change in conservation programs and to consider changes to crop insurance that would promote the use of cover crops and other carbon-conserving practices.
A broad coalition of farm and conservation groups says a USDA-run carbon bank should be used to test ways to establish carbon accounting guidelines, expand the use of climate-friendly farming practices and enable small-scale farms and minority producers to benefit from carbon markets.
Cory Booker, a New Jersey Democrat who’s one of the Senate Agriculture Committee’s newest members, is jumping into a range of farm policy issues, including pushing for as much as $20 billion a year in new conservation spending to be part of an upcoming climate and infrastructure package.
Senate Agriculture Chairwoman Debbie Stabenow says that President Joe Biden’s $2.7 trillion infrastructure plan is “woefully inadequate” when it comes to funding for climate-friendly farming practices and that she's pushing for a major increase in funding for conservation programs.
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 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.