Senate Ag Hears Cap And Trade Concerns

One of Sen. Tom Harkin’s last acts as chairman of the Senate Agriculture Committee on was to preside over a Sept. 9 hearing on cap and trade and its effects on agriculture. Harkin (D-IA) expressed concerns about the structure of a cap and trade marketing system. “Markets that aren’t properly and carefully regulated will blow up and the economy and environmental goals of the program will blow up with it,” Harkin said.

Prior to hearing testimony from producers of corn and soybeans, dairy, rice, and grapes, ranking Republican Member Sen. Saxby Chambliss (R-GA) noted that Texas A&M University’s Agricultural and Food Policy Center (AFPC) last week released a report illustrating the effects of the House-passed American Clean Energy and Security Act on 98 representative farms in its database.

“The study says that 71 of 98 farms will be worse off under the House cap and trade plan, even in the early years of the program. Most concerning, the 27 farms that benefit do so only because other producers go out of business,” Chambliss said. “Not one rice farm or cattle ranch benefits, while only one cotton operation and one dairy benefit mainly due to the fact that they both grow a significant amount of feed grains.”

Ohio farmer Fred Yoder, past president of the National Corn Growers Association, was the first to testify on the producer panel. He raised concerns about language in the House bill that would penalize early actors who commenced no-till or other conservation practices earlier than 2001 and would be prohibited from participating in a carbon market. He also drew attention to an important provision in the bill related to the Renewable Fuels Standards that prohibits EPA from considering indirect land use change when conducting their life cycle analysis for corn based ethanol until a peer reviewed study can be conducted to verify the scientific accuracy of the current modeling. “The language in the House bill is a step in the right direction towards sound science a more rational life cycle analysis. We would urge the Senate to include the same provision in its version of the climate bill,” Yoder said.

Among those offering testimony on the subject of regulating carbon markets was David Miller, Iowa farmer and chief science officer for AgraGate Climate Credits Corp., a company affiliated with Iowa Farm Bureau. Miller gave his input on ways to structure and streamline the carbon credit program so that it would be an incentive to farmers and benefit the soil. “Market transparency is critical to the smooth operation of a carbon market, so that prices are publicly reported and readily available,” he told the committee.

He also indicated that right now offsets are valued differently for soil, forestry, or methane and value can even vary according to geographic location. “All these variances increase the transaction of costs associated with marketing carbon offsets,” Miller said. “The end brings fewer returns to the farmer or rancher hoping to enroll. That’s no incentive.”

This was the second hearing on the climate change bill in the Senate Agriculture committee and may not be the last. New Committee Chair Sen. Blanche Lincoln (R-AR) voiced concerns about passing cap-and-trade legislation at all this year. “If we do move forward, the regulation of carbon markets is something we need to get right,” said Lincoln.

(Source: ZimmComm New Media)

Leave a Reply

Legislation Stories

Corn Field
LegislationTFI Hopes Court Dismissal Is ‘Final Chapter’ Of Des Moines Water Works Lawsuit
March 20, 2017
The Fertilizer Institute (TFI) released the following statement from President, Chris Jahn on the March 17, 2017, federal court dismissal Read More
Sonny Perdue
LegislationARA: Sonny Perdue Confirmation Delay Simply A Paperwork Snaffu
March 9, 2017
It’s been seven weeks since the White House named former Gov. Sonny Perdue (R-Ga.) as the nominee for the next Read More
Roy Blunt
LegislationARA Recognizes Blunt, Heitkamp For Legislative Efforts Supporting Agriculture
February 17, 2017
Agricultural industry continues to face federal regulatory challenges. Thankfully, agriculture’s allies in the U.S. Senate stepped forward. The Agricultural Retailers Read More
LegislationThe Fertilizer Institute Commends Senate On Confirmation Of New EPA Administrator
February 17, 2017
The Fertilizer Institute (TFI) President Chris Jahn issued the following statement on the Senate confirmation of Oklahoma Attorney General Scott Read More
Trending Articles
Young Corn Plants
Crop NutritionStill Hunting Yields
April 1, 2017
There’s no denying it — the agricultural marketplace today is undergoing a fundamental shift in fortunes. Not too many years Read More
Nutrients for Life Foundation Teacher
FertilizerNutrients For Life Foundation Celebrates 10 Years Teaching Fertilizer Education
March 23, 2017
Those in agriculture know fertilizer is a vital ingredient to grow strong, productive crops. In fact, fertilizer is responsible for Read More
AdjuvantsA New Weed-Control Era Begins: But First, One Last Obstacle
March 4, 2017
There is trepidation, there is reluctance, and there is excitement. Ag retailers feel it all about the new dicamba and Read More
LIFT Academy video screenshot
Crop InputsLIFT Agriculture Academy: A Q&A With West Central Distribution’s Dean Hendrickson
March 1, 2017
West Central Distribution recently launched its LIFT Agriculture Academy, a new, premiere training and professional development resource for West Central’s ag Read More
Farmer and aptop
Matt Hopkins10 Warning Signs Your Website Is Grossly Outdated
February 8, 2017
Your Website is often a visitor’s first impression of your ag retail business. A positive first impression can set the Read More
AgriSync
Matt Hopkins17 Agriculture Apps That Will Help You Farm Smarter In 2017
December 9, 2016
Ag professionals are working smarter, not harder, than ever before. Smart farming technologies have enabled them to reduce costs, maximize Read More
Latest News
ManagementAn Inside Look at Award Winning Ag Retailer Gar Tooteli…
April 20, 2017
CropLife Editor Eric Sfiligoj discusses An Inside Look at Award Winning Ag Retailer Gar Tootelian Read More
Students Soybean Field
Industry NewsMACA Announces 2017 Young Leader Scholarship Recipients
April 19, 2017
The Mid America CropLife Association (MACA) Board of Directors selected 11 college students to receive the MACA Young Leader Scholarship Read More
Growmark FS Outlet
SoftwareKnoa Software Solution Helps GROWMARK Boost System Perf…
April 19, 2017
Knoa Software, a leading provider of user experience management (UEM) software, has announced that GROWMARK, Inc., a regional agricultural cooperative Read More
Crop InputsFBN Publishes ‘Voice of the Farmer’ Agricul…
April 17, 2017
Farmer’s Business Network (FBN) released today its “The Voice of the Farmer”, which the company is describing as “a special Read More
ManagementTalking Responsible Ag
April 13, 2017
CropLife Editor Eric Sfiligoj discusses the Responsible Ag program with director Bill Qualls. Read More
Crop InputsFlying Under the Radar No More, FMC Goes Big
April 13, 2017
Describing FMC as “under the radar,” admittedly, is probably a stretch. But in a snap of the fingers, FMC upped Read More
Crop InputsWhat do Roundup and Mickey Mouse Have in Common? Califo…
April 13, 2017
(SOURCE: East Valley Times) Glyphosate, the active ingredient in Monsanto Co.’s Roundup and many other weed killers, is being added Read More
Syngenta headquarters in Basel, Switzerland
Crop InputsSource: ChemChina to Divest Assets to Adama Following S…
April 11, 2017
China National Chemical Corp. plans to redistribute agrochemical assets to its Adama unit after the $43 billion takeover of Syngenta Read More
Farming drone air
Eric SfiligojThe Interest in UAVs for Agriculture Grows
April 10, 2017
At times, it seems as if experts have been predicting “big things” for unmanned aerial vehicles (UAVs) for several years Read More
OpinionOpinion: Taking On The Farmers Business Network
April 8, 2017
Well, another round of venture capital funding has come to Farmers Business Network (FBN), followed up with the obligatory feature Read More
Drone
EquipmentFarming Drones: The Future Of Agriculture?
April 7, 2017
Chances are, you already know drones are amazing. After all, this is something DroneLife readers just understand. But if you’re Read More
ManagementFMC-DuPont, Crop Plantings, and UAV Updates
April 6, 2017
Editors Eric Sfiligoj and Jackie Pucci discuss the purchase agreement between DuPont and FMC, the 2017 crop acreage mix and Read More
Falcon soil sampler
EquipmentSerious Soil Sampling Rigs
April 6, 2017
The industry has seen an increase in automation in sampling equipment, and consultants now often pull cores with an automated Read More
Iowa waterways
FertilizerDow AgroSciences Recognizes Ag Retailers’ Role in Prote…
April 6, 2017
The state of Iowa and its agriculture community have worked for decades to preserve soil health, protect water quality and Read More
Farmer Scouting Weeds in Soybean Field
EquipmentSoil, Scouting Programs Continue To Gain Value
April 5, 2017
How much growers and their retailers utilize soil testing and scouting varies greatly. But they should step up their game Read More
Forbes Mixing Bowl NYC
Precision Ag6 Key Takeaways from Forbes Mixing Bowl NYC
April 5, 2017
Advisory investment group The Mixing Bowl teamed up with Forbes for its New York-based event this year to discuss technology’s Read More
Pam Marrone
Crop InputsQ&A With Pam Marrone On The World’s First All-Biolo…
April 4, 2017
Marrone Bio Innovations Inc. and Israel-based Ground­work BioAg in February announced successful field trials of the world’s first all-biological comprehensive Read More
Corn soil
Crop NutritionBiostimulants Clamor For A Piece Of The Row Crop Market
April 3, 2017
The question these days isn’t who is venturing into biostimulants — it’s who isn’t. Or more to the point: The Read More