Agriculture Secretary Tom Vilsack said climate legislation will benefit farmers. Although no exact details are available, growers would be paid to offset greenhouse gas emissions.
Vilsack said the payments could be based on which emission allowances for greenhouse gases are sold or given away to utilities and other polluters.
Democrats are preparing bills that will place caps on emissions of carbon dioxide, methane and other greenhouse gases to address climate change.
Companies who exceed the limits need to obtain allowances or buy credits from elsewhere. For example companies can turn to farmers who have to cut carbon emissions by reducing tillage or capturing methane from livestock manure.
Vilsack told journalists that farmers need to benefit from the credit system “in a comprehensive and significant way. I think we have a lot to offer.”
Farm organizations are fighting to allow farmers to earn credits for measures they’ve taken before the law passed.
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