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Shining Light on Farm & Food Policy for 20 Years.
Sunday, December 22, 2024
President Joe Biden is committing the United States to a broad goal of cutting its greenhouse gas emissions in half over the next decade relative to 2005 levels, but he’s leaving the details of how to reach that goal until later.
The last time a Democratic administration tried to pass climate legislation, in 2009, the bill died in the Senate partly because of resistance from farm groups. This year, one of the first significant climate bills a congressional committee is going to vote on is a measure backed by farm groups – the Growing Climate Solutions Act, which is aimed at facilitating the development of ag carbon markets.
Senate Agriculture Chairwoman Debbie Stabenow tells Agri-Pulse she expects a new bipartisan version of the Growing Climate Solutions Act to be released within a few days. The funding issues have now been apparently worked out with the bill, which is aimed at laying the groundwork for ag carbon markets.
Farm groups are bracing for a possible effort in Congress to impose new taxes on inherited land and other assets as a way of addressing wealth inequality while raising revenue Democrats will need to fund new infrastructure or social spending.
Some 300 corporations, including some industry giants in the agriculture and food industry, are calling on President Joe Biden to commit the U.S. to cutting its greenhouse gas emissions in half by 2030 from 2005 levels.
President Joe Biden is meeting with a group of Democratic and Republican lawmakers today to build support for his giant $2.7 trillion infrastructure package, the American Jobs Plan.
President Joe Biden pitches his $2.7 trillion infrastructure package to lawmakers from both parties this week, while Agriculture Secretary Tom Vilsack will testify before House appropriators on the heels of Biden proposing a huge increase in spending for USDA.
President Joe Biden released a fiscal 2022 budget outline Friday that includes a $3.8 billion increase for the Agriculture Department that is heavily directed toward reducing greenhouse gas emissions and making farms and forests more resilient to climate change.
President Joe Biden is releasing his fiscal 2022 budget proposal today, less than six months before the new budget year starts. His budget will only cover discretionary spending – those programs that are subject to annual appropriations, which includes research and rural development programs at USDA.
