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Climate Change Compromise

June 25, 2009
By: Sara Schafer, Farm Journal Media Business and Crops Editor

Sara Schafer, Top Producer Business & Crops Online Editor
A major step for the American Clean Energy and Security Act of 2009 was made yesterday as House Agriculture Committee Chairman Collin Peterson, D-Minn. and Energy Chairman Henry Waxman, D-Calif. reached an agreement. This agreement, the two say, works for agriculture and contributes to the reduction of greenhouse gas emissions in the U.S.
"The climate change bill will include a strong agriculture offset program run by the U.S. Department of Agriculture that will allow farmers, ranchers, and forestland owners to participate fully in a market-based carbon offset program,” Peterson says. "This agreement also addresses concerns about international indirect land use provisions that unfairly restricted U.S. biofuels producers and exempts agriculture and forestry from the definition of a capped sector."   
Alternating Views
The American Farm Bureau Federation released a statement following the agreement from Peterson and Waxman.
Bob Stallman, president of the group, says the climate change legislations continues to be seriously flawed.
"The bill's provisions and omissions are very problematic for U.S. agriculture, our national economy and domestic energy security,” Stallman says.
"This legislation raises a wide range of issues that are detrimental to U.S. agriculture. One of the chief challenges is the energy deficit the bill will create. New technologies hold great promise for our nation, but are nowhere close to coming on line. The bill forces agriculture and other productive sectors of our nation's economy into a position of severe competitive disadvantage with trading partners like China and other nations who will not burden their economies to control carbon emissions.”
The Story Continues
Legislators are pushing to vote on the climate legislation on Friday, June 26. After the vote, you can find more coverage at an in upcoming issues of Top Producer magazine.
For More Information
By Jim Wiesemeyer, via a special arrangement with Informa Economics, Inc.
By Jim Wiesemeyer, via a special arrangement with Informa Economics, Inc.

You can e-mail Sara Schafer at

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