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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, November 27, 2024
The House is approaching another partisan face-off, this time over funding the government for the next fiscal year, after Republicans narrowly won passage of a defense authorization bill last week.
House Republican leaders on Wednesday narrowly won approval for their bill to raise the debt ceiling while also slashing federal spending and expanding SNAP work requirements.
Federal agencies appear to be divided over which carbon intensity model should be used for an Inflation Reduction Act tax credit meant to grow the fledgling sustainable aviation fuel industry, according to biofuel policy experts.
It could take years for sustainable aviation fuels to take off despite significant, but temporary, new tax credits included in a newly enacted package of financial incentives intended to jump-start progress on the Biden administration’s climate goals.
The Democratic-controlled Senate on Sunday passed an historic package of financial incentives for cutting U.S. greenhouse gas emissions, including a dramatic increase in farm bill conservation programs aimed at spurring farmers to adopt climate-related farming practices.
The climate funding package that Senate Democrats have agreed on should make it easier to pass the next farm bill while helping consumers and producers deal with climate change, says a Democrat on the Senate Agriculture Committee, Tina Smith of Minnesota.
Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.Va., brought new hope to the renewable fuel industry last week by resurrecting scrapped measures from last year’s Build Back Better Act into a scaled-back version of the bill.
Senate Democrats don’t have a vote to spare this week as they try to pass their historic climate package, including more than $20 billion aimed at helping farmers adopt practices that reduce greenhouse emissions.
The Environmental Protection Agency is proposing to allow canola oil to be used as a feedstock for renewable diesel and sustainable aviation fuel, potentially providing a new alternative to soybeans at a time when vegetable oil prices are skyrocketing worldwide.
