Climate change

A Senate Ag Committee hearing Thursday on the new farm bill raised a issue that is now evident: the Title 1 farm bill safety net can no longer deal with the current ag environment.
United Airlines is teaming up with a corn ethanol maker in a bid to ramp up production of green jet fuel to deal with carbon credits and climate change by 2028.
The House on Friday averted a government shutdown by voting 225 to 201 in favor of the Consolidated Appropriations Act of 2023—the omnibus spending bill. Here’s what’s in it for ag.
Text of the $1.7 trillion omnibus spending package was released early Tuesday morning. The Senate will vote first and intends to pass the measure before Thursday, leaving the House no time to demand changes.
Members of the bloc agreed on how to create a tool that will force foreign companies to pay for the cost of their carbon emissions.
Funding will be drawn from the Commodity Credit Corporation (CCC), a development that has caught lawmakers’ attention.
“We rely on the support of farm bill funding and programs to ensure continued U.S. leadership as the provider of the best seed to the world,” said Katy Rainey, Purdue associate professor, at the Senate Ag hearing.
International Energy Agency sees an extra 2,400 gigawatts of capacity coming online worldwide over the next five years, with renewables surpassing coal as the largest source of global power generation by 2025.
EPA says the proposals would collectively reduce 36 million tons of methane emissions between 2023 and 2035, which it says is almost the equivalent of GHG emissions emitted from all U.S. coal power plants in 2020.
According to Japan, the green legislation includes “discriminatory” subsidies that would make Americans more likely to buy from local electric vehicle manufacturers.
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