RSSClimate bill pushes trees over food
From: The Washington Times | December 26, 2009
Agriculture Secretary Tom Vilsack has ordered his staff to revise a computerized forecasting model that showed that climate legislation supported by President Obama would make planting trees more lucrative than producing food. The latest Agriculture Department economic impact study of the climate bill, which passed the House this summer, found that farmers would profit in the long haul from the legislation. But those profits would come mostly from higher prices for their crops caused by the legislation's incentives to plant more forests and thus reduce the amount of land devoted to food-producing agriculture. According to the economic model used by ...
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