Climate: Feds will spend $1 billion to spur farmers and ranchers to fight climate change
Published Mon, Feb 7 2022 Updated Moments Ago
Emma Newburger
Key Points
The USDA will spend $1 billion on projects for farmers, ranchers and forest landowners to use practices that curb climate-changing greenhouse gas emissions or capture and store carbon.
The investment comes after President Joe Biden called on U.S. farmers to lead the way in offsetting emissions and pledged to slash emissions from the agriculture sector in half by 2030.
The agriculture sector accounts for more than 10% of U.S. emissions, according to estimates from the Environmental Protection Agency.
Excerpt: For many U.S. farmers who have endured major losses from worsening floods, storms and droughts, addressing climate change has become a matter of survival. The United Nations scientific panel on climate change has warned that humans must change the way they produce food and use land to avoid the worst consequences of climate change.
https://www.cnbc.com/2022/02/07/usda-to-spend-1-billion-on-agriculture-projects-tackling-climate-change.html