ELPC Government Relations Specialist Mindi Grieve Weighs in on Climate Change Bill
Tuesday, July 28, 2009
A United States Department of Agriculture (USDA) study recently found that farmers and ranchers may benefit financially from the proposed climate change legislation. USDA found that H.R. 2454, passed by the House of Representatives last month, would provide farmers the ability to earn billions of dollars annually.
ELPC Government Relations Specialist Mindi Grieve told the Crookston Daily Times, “While the study shows that farmers and ranchers may experience a brief and relatively small increase in operational costs due to climate change legislation, USDA predicts that farmers and ranchers may stand to earn an additional $100 million annually by 2012.”
Grieve says USDA’s study found that the agricultural sector could generate an additional $20 billion from carbon reducing measures by the year 2040. “The members of the North Dakota Climate Solutions Partnership recognize the importance of North Dakota’s agricultural sector and the need to mitigate economic concerns of producers and agricultural organizations. This study should ease some of the fears over the potential impacts of climate change legislation.”
Read the USDA study.
