Thumbs down on cap-and-trade

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Delegates at the 91st American Farm Bureau Federation annual meeting this week voted to oppose cap-and-trade climate legislation and to support balancing the federal budget over the next eight years.

The delegates approved a special resolution stating that cap-and-trade legislation would raise farmers’ and ranchers’ cost of production, and the potential benefits of agricultural offsets are far outweighed by the costs to producers. Due to these and other concerns, the delegates strongly opposed “cap and trade proposals before Congress” and supported “any legislative action that would suspend EPA’s authority to regulate greenhouse gases under the Clean Air Act.”

“As Congress returns to the issue of cap-and-trade this year, the message of Farm Bureau will continue to be: ‘Don’t Cap Our Future’ agricultural productivity and food security,” says AFBF President Bob Stallman. “We will now send that message even more strongly.”

The delegates also said the federal deficit should be reduced each year, reaching a fully balanced budget by 2019. They said that federal spending on government services and entitlements must be reduced.

The delegates approved policy supporting changes to the Federal Milk Marketing Order structure, formulas and price classes used to compute milk prices, in order for those prices to reflect current market conditions, enhance transparency and account for regional differences in the cost of milk production. However, they rejected dairy supply management as a means to bolster dairy product prices, saying that Farm Bureau remains supportive of a market-oriented dairy program.

More information.

Source: American Farm Bureau Federation



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