A new report from the Biogenic CO2 Coalition explores the economic benefits that could result from the Environmental Protection Agency acting to offer differing treatment for biogenic carbon emissions than it does for fossil fuels.
The coalition argues the emissions from agricultural crops are de minimis and “should not be regulated by the same standards as fossil fuels.” The report argues there would be a “significant economic benefit” if EPA were to enact reforms to halt the similar treatment. In six industries across 13 states, the report — conducted by Policy Navigation Group — said the addition of 2,100 full-time jobs and $130 million in wages would result.
Last week, the coalition — made up of a handful of ag groups including the Corn Refiners Association, American Farm Bureau, Hemp Industries Association and National Farmers Union, to name a few — submitted a petition for EPA rulemaking that the group says provided “a detailed explanation of the scientific and legal basis for the agency to propose a rule to recognize that biogenic carbon emissions from agricultural crops do not contribute to elevated greenhouse gas levels in the atmosphere.”
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