Senator Chuck Grassley of Iowa says he’s not going to reject everything Ag Secretary Vilsack says about benefits for agriculture through cap and trade. Grassley says some studies show some benefits – but he has a great deal of doubt about cap and trade being “fair to American agriculture. And the main reason for that is not giving us enough credit going back 20 years for what we have done already through minimum tillage or no tillage to cut down on energy use and putting CO2 into the air.”Grassley says the economic analyses he’s studied suggest such a carbon trading system would be most beneficial to forestry and less so for row crop farmers.
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[...] Julie Harker reported yesterday at Brownfield that, “Senator Chuck Grassley of Iowa says he’s not going to reject everything Ag Secretary Vilsack says about benefits for agriculture through cap and trade. Grassley says some studies show some benefits – but he has a great deal of doubt about cap and trade being ‘fair to American agriculture. And the main reason for that is not giving us enough credit going back 20 years for what we have done already through minimum tillage or no tillage to cut down on energy use and putting CO2 into the air.’ Grassley says the economic analyses he’s studied suggest such a carbon trading system would be most beneficial to forestry and less so for row crop farmers.” [...]