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.
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.
As more farmers express interest in getting paid for sequestering carbon, two of the major players in the industry recently made announcements that illustrate the divides that exist in implementing carbon programs.
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.