Beam me to Planet Gore !
Posted on 09/15/2009 10:28:50 AM PDT by Free ThinkerNY
Democrats already have a problem with coal-producing states over their cap-and-trade bill, and Harry Reid will likely find the Senate Democrats from those states less than enthused about killing their local economies. Senators from agricultural states may want to take a close look, too. A new study shows that, while some farmers may gain in the short term through the sale of carbon credits, the cap-and-trade system will hurt a wide swath of the American agricultural sector:
A new study making the rounds of Capitol Hill shows Iowa farms could potentially benefit from a cap-and-trade bill passed by the House to reduce carbon emissions.
However, the study shows many types of farms in other areas of the country are likely to lose money under the legislation.
The study was done by economists at Texas A&M University who analyzed the impact of government policies on representative farms around the country. The finding: Seventy-one of 98 model crop and livestock operations would see their cash reserves decline by 2016 under the House-passed cap-and-trade bill, even with the opportunity for farms to earn money from carbon credits. Virtually all rice, cotton, dairy and cattle farms modeled in the study stand to make little or nothing from the credits and would lose money under the bill.
Why would Iowa farms gain? The bill helps corn farmers, more than likely due to its support for ethanol production. Farmers in the upper Midwest have benefited from the higher prices of corn, even though those higher prices led to starvation and increased poverty. Despite the growing evidence that ethanol expands misery rather than reduces it, Barack Obama continues to be joined at the hip to the ethanol lobby.
For the rest of us, higher costs to farmers mean higher costs at the grocery store.
(Excerpt) Read more at hotair.com ...
So? Isn’t that the intent?
I think even Stupid Tom Harkin has been told this and won’t let it pass.
Too Poor to Eat Healthy?
Research shows consumers choosing cheaper food over more-healthful items
Chain Leader Magazine | September 1, 2009 | Mary Boltz Chapman, Editor-in-Chief
Posted on 09/12/2009 6:32:05 PM PDT by 2ndDivisionVet
http://www.freerepublic.com/focus/news/2338344/posts
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