Name: Senators seek to extend carbon credits to farmers
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Senators seek to extend carbon credits to farmers

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WASHINGTON - A bipartisan group of senators is seeking to extend tax credits for carbon capture beyond industrial sources such as power plants and cement factories to farmers, ranchers and forest landowners.The bill, introduced by&nbsp;&nbsp;Senators Mike Braun, R-Ind., Debbie Stabenow, D-Mich., Lindsey Graham R- S.C., and Sheldon Whitehouse D-R.I., on Thursday, would create a certification program at the Department of Agriculture for the carbon dioxide naturally pulled from the atmosphere by crops and trees."This legislation is an important step in encouraging farmer and forest landowner participation in carbon markets," said Jeff Kupfer, president of ConservAmerica, a nonprofit. "Having the USDA enhance the legitimacy and transparency of carbon credits will improve the marketplace and allow landowners to contribute to efforts to address climate change in the most economically efficient way."GREEN SHIFT:&nbsp;The bipartisan action comes as Republicans have grown increasingly proactive on the issue of climate change, following years of questioning the validity of science showing that the continued burning of greenhouse gases was damaging the planet.At a time social distancing measures are decimating many businesses, the legislation also offers additional revenue to farmers and ranchers."The Growing Climate Solutions Act of 2020 could not come at a better time," said Heather Reams, executive director of Citizens for Responsible Energy Solutions, an activist group that works with Republican politicians. "If enacted, it would provide not only additional revenue streams to our struggling agriculture sector by sequestering greenhouse gases in soil, but also would be a model framework of thoughtful, limited government policy for other industries."

WASHINGTON - A bipartisan group of senators is seeking to extend tax credits for carbon capture beyond industrial sources such as power plants and cement factories to farmers, ranchers and forest landowners.The bill, introduced by&nbsp;&nbsp;Senators Mike Braun, R-Ind., Debbie Stabenow, D-Mich., Lindsey Graham R- S.C., and Sheldon Whitehouse D-R.I., on Thursday, would create a certification program at the Department of Agriculture for the carbon dioxide naturally pulled from the atmosphere by crops and trees."This legislation is an important step in encouraging farmer and forest landowner...

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James Osborne

houstonchronicle.com

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Senators seek to extend carbon credits to farmers

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