Bipartisan Carbon Market Bill Won’t Dent Climate Change

Bipartisan Carbon Market Bill Won’t Dent Climate Change
(AP Photo/Susan Walsh)

Earlier this month, a group of US senators did what would usually seem unthinkable in today’s political climate, and reached across the aisle to propose a bill that aims to tackle climate change through agriculture. 

The Growing Climate Solutions Act is a rare example of bipartisan support on climate change policy that would encourage farmers and ranchers to use practices that sequester carbon in exchange for offset credits in a cap and trade system. Such systems involve setting a cap on greenhouse gas emissions, and requiring those who want to exceed that limit to buy government-issued carbon credits, creating a financial incentive for them to reduce their emissions. In return for using methods that keep more carbon in the ground, farmers would receive credits, which they could then sell to those polluting companies. 

Read Full Article »

Show comments Hide Comments

Related Articles