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Shining Light on Farm & Food Policy for 20 Years.
Tuesday, November 19, 2024
The Biden administration’s release of principles to ensure integrity in voluntary carbon markets are being welcomed by observers of – and participants in – the growing marketplace, who say it’s sign that the government is following the private sector’s lead.
The Securities and Exchange Commission on Wednesday finalized the first requirements for large corporations to disclose their carbon footprint but scrapped a plan opposed by farm groups to mandate tracking of the greenhouse gas emissions in company supply chains.
President Joe Biden gives his State of the Union address this week as Congress faces a new Friday deadline to pass half its fiscal 2024 spending measures, including the bills needed to fund USDA, EPA and the Interior Department.
The creation of the first inset carbon market, fueled by private and public partnerships, establishes a new revenue stream for dairy farmers that industry members hope will fuel continued innovation to reach agriculture's economic and environmental sustainability goals.
Two bills are proposing ambitious climate reporting mandates for companies throughout the supply chain, potentially layering on more costs and paperwork for farmers, ranchers and food companies.
Publicly traded companies would have to disclose the greenhouse gas emissions from their operations and supply chains and also report progress being made toward achieving reductions, under a proposal released Monday by the Securities and Exchange Commission.
The Ocean Shipping Reform Act, a bill intended to unlock port bottlenecks that have snarled shipments of many farm commodities, gets a vote in the Senate Commerce Committee this week, while the Senate Judiciary Committee will hold hearings on Ketanji Brown Jackson's nomination to the Supreme Court.
