Farm Groups Wary of New Climate Change Bill
05/12/2010
by Gary Truitt
Hoosier Ag Today
Senators John Kerry (D, Massachusetts) and Joe Lieberman (I, Connecticut) unveiled climate-change legislation on Wednesday, although the bill‘s chances of success are uncertain. The bill would focus on addressing the largest carbon-emitting sectors of the economy: heavy industry, power plants, and transportation infrastructure. It would target a 17% reduction in U.S. carbon pollution by 2020 and over 80% by 2050. It would contain a cap-and-trade system that would levy a tax against the largest emitters. Initially, the rate would be set at $12 a ton, increasing at 3% above inflation annually thereafter. An initial ceiling of $25 per ton would also be included.
The new legislation got a stamp of approval from the National Farmers Union, who supported the House version of cap-and- trade, “NFU has long supported legislation that provides an opportunity for agriculture to play a positive role in addressing our climate and energy needs. The discussion draft announced today continues along that path,” said NFU President Roger Johnson. The National Corn Growers Association took a more cautious approach. “The National Corn Growers Association is reviewing the discussion draft of the American Power Act released today by Senators John Kerry and Joe Lieberman. We have provided input to the Senate over the past several months on provisions pertaining to the agriculture industry, and we will continue to offer feedback after we have a chance to review the text of this important piece of legislation,” said NCGA President Darrin Ihnen.
Tamara Thies, Chief Environmental Council for the National Cattleman’s Beef Association, says agriculture needs to beware of all efforts to regulate climate change, “All this regulation and expense is based on an alarmist environmental agenda and not on sound science.” She says, regardless of the specifics of the legislation, the science behind climate change is flawed, “The American people deserve better than decisions from this administration that are not based on science or truth, but rather are based on a radical, anti-business, anti-agriculture, alarmist agenda that lacks a credible scientific foundation.”
The American Farm Bureau Federation also expressed concerns about efforts to regulate climate change. AFBF President Bob Stallman released a statement that said, “As with other climate change bills, we have concerns about the economic impact on farmers and ranchers because of potentially higher fertilizer and energy costs. We do not want to see farmers driven out of business due to additional regulation and the potential for higher input costs. Agriculture also could be forced to shrink due to land moving out of production into trees to sequester carbon. We also believe it is imperative that any energy legislation must assure a greater supply of nuclear energy, renewable fuels, and natural gas for American consumers. Further, we note the absence of renewable electricity standards in the bill and will work toward their inclusion in the future.”
The Obama administration wants action on climate change, but other issues like immigration plus election year politics make many lawmakers uneasy about tacking such a controversial issue. In a prepared statement the President said, “This legislation will put America on the path to a clean energy economy that will create American jobs building the solar panels, wind blades, and the car batteries of the future. It will strengthen our national security by beginning to break our dependence on foreign oil. And it will protect our environment for our children and grandchildren.”
With most Republicans and many Democrats opposing climate change legislation, the White House may turn to the EPA to implement a cap-and-trade system. Thies says that would not be good for agriculture, “That would give the EPA authority to tell farmers they would have to get expensive permits in order to emit a certain amount of carbon dioxide.” She added many producers would be forced to shut down food production. Link
Everyone is still sifting through the legislation trying to determine what it will do, but one thing is for certain, it will increase the cost of energy every year. Over half of the electricity used in this country comes from coal. The cost of that will increase every year until they are forced out of business and the millions of miners and other workers in that industry will be out of job. Along with that, it will make electricity less affordable for working families in this country. Unless you use a sail to propel your vehicle, the cost of driving will go up as well, even if you have an electric car. I don’t disagree that we need to be finding newer sources of energy but it is reckless to get rid of our most reliable and affordable sources when we have nothing to replace them with.
Showing posts with label cap and tax. Show all posts
Showing posts with label cap and tax. Show all posts
Friday, May 14, 2010
Friday, May 7, 2010
Senate Cap & Trade Bill
Source: Energy bill next week
By: Jeanne CummingsMay 5, 2010 07:19 PM EDT
Politico
In a high-stakes move, Sen. John Kerry (D-Mass.) and Sen. Joe Lieberman (I-Conn.) are planning to forge ahead with or without Sen. Lindsey Graham (R-S.C.) and introduce an energy bill next week, according to sources familiar with the planning.
In addition to the uncertainty about Graham’s status on the bill, Kerry and Lieberman are gambling that the dramatic oil spill in the Gulf of Mexico will help, rather than hurt, momentum for the legislation.
That’s not a sure thing. As described in interviews, the reform package includes provisions that allow an expansion of offshore drilling and generous revenue sharing for coastal states that allow it. Lindsey told POLITICO those provisions were essential to his support.
Since the explosion at the BP rig began pumping millions of gallons of oil into the gulf, a host of Democratic and Republican senators have expressed skepticism if not outright opposition to the idea of expanding offshore test wells.
Sen. Bill Nelson (D-Fla.) threatened to filibuster the legislation. "If offshore drilling off the coast of the continental United States is part of it, this legislation is not going anywhere,” he said.
According to sources familiar with the senators’ deliberations, Kerry and Lieberman have concluded that the crisis in the gulf – which is likely to get worse before it gets better – will focus the public’s attention on the nation’s dependency on oil and facilitate the debate about reforming the energy sector. Read More
It’s irresponsible for our leaders to make reactionary decisions about the future of energy in this country based on what has happened in the Gulf of Mexico. Certainly that accident has turned into a significant mess and I don’t think anyone would deny that. However, it’s just as reckless to abandon these sources of energy when we have nothing to replace it with. To date, we can’t put sunshine or wind into the tanks of our cars. Taxing current sources of energy when there aren’t viable replacements only hurt working families in this country. But that seems to be a common theme as of late. Elitists continue to advocate for more expensive food and more expensive energy. We need to look at different energy sources as we move into the future, but common sense needs a seat at the table in these discussions.
By: Jeanne CummingsMay 5, 2010 07:19 PM EDT
Politico
In a high-stakes move, Sen. John Kerry (D-Mass.) and Sen. Joe Lieberman (I-Conn.) are planning to forge ahead with or without Sen. Lindsey Graham (R-S.C.) and introduce an energy bill next week, according to sources familiar with the planning.
In addition to the uncertainty about Graham’s status on the bill, Kerry and Lieberman are gambling that the dramatic oil spill in the Gulf of Mexico will help, rather than hurt, momentum for the legislation.
That’s not a sure thing. As described in interviews, the reform package includes provisions that allow an expansion of offshore drilling and generous revenue sharing for coastal states that allow it. Lindsey told POLITICO those provisions were essential to his support.
Since the explosion at the BP rig began pumping millions of gallons of oil into the gulf, a host of Democratic and Republican senators have expressed skepticism if not outright opposition to the idea of expanding offshore test wells.
Sen. Bill Nelson (D-Fla.) threatened to filibuster the legislation. "If offshore drilling off the coast of the continental United States is part of it, this legislation is not going anywhere,” he said.
According to sources familiar with the senators’ deliberations, Kerry and Lieberman have concluded that the crisis in the gulf – which is likely to get worse before it gets better – will focus the public’s attention on the nation’s dependency on oil and facilitate the debate about reforming the energy sector. Read More
It’s irresponsible for our leaders to make reactionary decisions about the future of energy in this country based on what has happened in the Gulf of Mexico. Certainly that accident has turned into a significant mess and I don’t think anyone would deny that. However, it’s just as reckless to abandon these sources of energy when we have nothing to replace it with. To date, we can’t put sunshine or wind into the tanks of our cars. Taxing current sources of energy when there aren’t viable replacements only hurt working families in this country. But that seems to be a common theme as of late. Elitists continue to advocate for more expensive food and more expensive energy. We need to look at different energy sources as we move into the future, but common sense needs a seat at the table in these discussions.
Friday, April 23, 2010
Senate Prepares to Debate Cap & Tax
Cap and trade bill hurts Midwestern farmers
By U.S. Rep. Bill Cassidy, Special to The Kansas City Star
The Waxman-Markey cap and trade bill passed through the House of Representatives with minimal consideration of its effects on agriculture.
In written and spoken testimony before the House Agriculture Committee, it appears cap and trade will increase food prices, decrease the amount of U.S. acreage under cultivation, decrease agricultural exports, decrease farm employment, transfer significant wealth from the U.S. to other countries, and may increase the net amount of carbon dioxide emitted worldwide.
Agricultural production relies heavily on carbon-based products, like fuel and fertilizer. For example, they account for 61 percent of sorghum and 49 percent of rice producers’ operating costs. Under cap and trade, the price of these inputs will increase significantly.
By capping and taxing carbon emissions, cap and trade is effectively a tax on energy, an $894 billion energy tax according to the Congressional Budget Office (CBO).
The left-of-center Brookings Institution estimates that petroleum prices will increase by 25% under Waxman-Markey.
This transfer of wealth overseas will be further exacerbated as cap and trade induces U.S. food production to move overseas. Read More
The Senate is planning to unveil their version of the cap and tax system that will affect all forms of carbon based resources. Everything that we currently depend on in our daily lives will increase in cost if the Senate version is anything like the House version. And what will we gain from this near trillion dollar tax? Chances are not much. Is the climate changing? Absolutely. The climate is always changing. When it stops changing is when we should really be worried because it would be the first time in the history of the planet. The reality is that there is plenty of disagreement on this issue and it’s ridiculous to throw that much money into a solution that might not work for a problem that might not exist.
By U.S. Rep. Bill Cassidy, Special to The Kansas City Star
The Waxman-Markey cap and trade bill passed through the House of Representatives with minimal consideration of its effects on agriculture.
In written and spoken testimony before the House Agriculture Committee, it appears cap and trade will increase food prices, decrease the amount of U.S. acreage under cultivation, decrease agricultural exports, decrease farm employment, transfer significant wealth from the U.S. to other countries, and may increase the net amount of carbon dioxide emitted worldwide.
Agricultural production relies heavily on carbon-based products, like fuel and fertilizer. For example, they account for 61 percent of sorghum and 49 percent of rice producers’ operating costs. Under cap and trade, the price of these inputs will increase significantly.
By capping and taxing carbon emissions, cap and trade is effectively a tax on energy, an $894 billion energy tax according to the Congressional Budget Office (CBO).
The left-of-center Brookings Institution estimates that petroleum prices will increase by 25% under Waxman-Markey.
This transfer of wealth overseas will be further exacerbated as cap and trade induces U.S. food production to move overseas. Read More
The Senate is planning to unveil their version of the cap and tax system that will affect all forms of carbon based resources. Everything that we currently depend on in our daily lives will increase in cost if the Senate version is anything like the House version. And what will we gain from this near trillion dollar tax? Chances are not much. Is the climate changing? Absolutely. The climate is always changing. When it stops changing is when we should really be worried because it would be the first time in the history of the planet. The reality is that there is plenty of disagreement on this issue and it’s ridiculous to throw that much money into a solution that might not work for a problem that might not exist.
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