While President Obama is expected to focus on challenges in Afghanistan and a hefty
new health care bill this week, many in the farm community are growingly
concerned about the future of cap-and-trade legislation, and its implications
for farmers. According to University of Illinois agricultural economist and
environmental policy guru Madhu Khanna, there are both positive and negative
consequences for American farmers in a climate bill that would define the
nation’s first-ever mandatory limit on heat-trapping gases, in an effort to
slow-down global warming effects.
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