Yahoo News published a blog post stating that Biden wants to pay farmers to grow carbon capturing crops. but it’s complicated. farmers are a crucial part of Biden’s plan to address climate change, but the economics behind paying them to capture greenhouse gases are complex. even persuading more farmers and ranchers to participate in existing conservation programs is tough when crops like corn and soybeans are currently fetching their highest prices in years. Senior research Fellow Joseph Glauber said, “Bringing a lot of land out of production in prime crop areas is going to be an expensive proposition. Vilsack has been very clear that he wants to see CRP grow, but he wants it to be on a voluntary basis. the question then becomes, at what cost, and how much do you have to offer producers to coax land in?” Republished in A Day in the Life of the Universe blog, IEA, Newsbreak, True Viral News, Head Topics, Independent View.
Biden wants to pay farmers to grow carbon-capturing crops (Yahoo News)
June 30, 2021