A University of Tennessee study was unveiled at the National Association of Farm Broadcasting Convention in Kansas City, Mo. Wednesday that looked at how different models of cap-and-trade programs will impact agriculture.
Dr. Burton English, professor of agricultural economics at the University of Tennessee and co-author of the study says scenarios analyzed include alternative agricultural offset treatments and evaluation of their potential impacts on the agriculture sector.
The study, Analysis of the Implications of Climate Change and Energy Legislation to the Agricultural Sector no major shifts in commodity cropland are expected under a properly constructed program and net returns would be positive. However if the program is regulated by the EPA as suggested by a 2007 Supreme Court ruling, net farm income is likely to fall below baseline projections.
To listen to remarks by 25x'25 steering committee member Bart Ruth at the unveiling of the study, use the player above.
Powered by iNet Solutions Group ©2011 All Rights Reserved.