Last week, Agriculture Secretary Tom Vilsack announced a comprehensive set of investments by USDA aimed at supporting drought resilience, animal disease prevention, market disruption relief, and updates for school nutrition programs.
The two committees with jurisdiction over agriculture in Congress will both hold hearings on Thursday of this week.
Ag industry insiders are concerned about how the Biden Administration’s desire for climate change through carbon capture and sequestration might be done, and whether the cost of such a program might outweigh the financial ability to remain solvent in a “cap and trade” environment.
Just over two weeks ago, the European Commission presented its 2030 Climate Target Plan, vowing to slash greenhouse gas emissions to a target equal to 55 percent of levels recorded in 1990.
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