Three U.S. senators are close to finalizing details on compromise climate change legislation, according to the National Pork Producers Council (NPPC). Sources in Washington , D.C. , expect the bill to be introduced in the Senate sometime soon.

The bill reportedly will call for reductions of greenhouse gas emissions across multiple economic sectors. Capitol insiders said language in the bill targets a 17% decrease in emissions below 2005 levels by 2020 and an 80% decrease by 2050.

Sponsors of the legislation are Sens. John Kerry (D-Massachusetts), Joe Lieberman (I-Connecticut) and Lindsay Graham (R-South Carolina). NPPC reports the senators are not sharing information about the bill’s contents.

Many livestock trade groups opposed the original climate change legislation, known as Waxman-Markey, due to the substantial increase it would have caused in energy prices and meat production costs. USDA analysis of Waxman-Markey found as much as 50 million acres of cropland would be converted to forest, which would reduce feedgrain supplies and increase costs to the livestock and poultry industries.

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