David Bennett of the Delta Farm Press has a story on the National Corn Growers Association (NCGA) board passing a resolution that has the association opposing the climate change legislation (HR 2454) that passed the House of Representatives.Bennett reports that the NCGA opposes the legislation over their beliefs that it will increase the costs of production on the farm for corn growers, and the money derived from carbon offsets does not make up for the increased costs.
The association hired Informa Economics of Memphis, TN to do a study on the cap and trade policy on “corn, soybean, and wheat producers,” and it is based on that study that the NCGA has formed its position—because of the potential increased costs of production.
The NCGA is also concerned about farmland becoming forested if the legislation passed, reports Bennett. The association at this time has not yet staked out a position on the Senate’s efforts in this arena.
To read more about the Informa study and NCGA’s position on cap and trade, click here to read the Bennett story.
Posted: 01/22/10
