Articles Tagged with ''Inflation Reduction Act''

President-elect Donald Trump is setting up a cabinet of unusually diverse views and backgrounds that together could have a far-reaching impact on the food and agriculture sectors. Farm groups will be counting on his pick to lead USDA, Brooke Rollins, to be an advocate for ag within an administration. North Dakota Gov. Doug Burgum could be a key ally on energy policy.

Brooke Rollins, president of the America First Policy Institute, an organization closely allied with President-elect Donald Trump, has been selected to serve as agriculture secretary.

China is ending an export tax rebate for used cooking oil, a common feedstock for renewable diesel, in a move analysts say could spur higher prices and prompt U.S. biofuel producers to explore other oil sources.

Those in the agriculture industry believe that conservation programs will be largely unaffected by the incoming second Trump administration, with the fate of remaining Inflation Reduction Act conservation funding in the hands of Congress.

Along the campaign trail, President-elect Donald Trump had vowed to repeal parts of the Biden administration's landmark climate law, the Inflation Reduction Act. Now facing a second Trump administration, industry groups are hopeful broad bipartisan support for biofuels and conservation programs in Congress means these initiatives will remain in place. 

The Southern Farmers Financial Association is being established by the Biden administration to help small farmers in high-poverty areas of the South get access to capital.

Rural power utilities apprehensively await litigation in a federal appeals court over a new EPA rule that requires the use of expensive carbon capture technology for existing coal-fired generation. CCS is considered the best available technology, and EPA expects that it can capture 90% of plant emissions.