Before a USDA carbon bank, try some pilot projects, says climate alliance

A few weeks ago, USDA climate adviser Robert Bonnie used a variant of “walk before you run” to describe the Biden administration goal of bipartisan support for climate mitigation in agriculture. On Monday, a sector-spanning coalition said the USDA “needs to crawl before it can …

Republican senators question USDA funds for climate mitigation

President Biden lacks authority to tap a $30 billion USDA fund to pay for climate mitigation, said two senior Republican senators on Tuesday, potentially limiting the administration's role in combating global warming on the farm. Suggestions for a "carbon bank" at USDA to help farmers and foresters adopt climate-smart practices hinge on access to the fund held by an agency known as "USDA's bank."

Vilsack says a carbon bank fits into USDA’s portfolio

The USDA has the authority to create a so-called carbon bank to encourage climate mitigation on the farm, said Agriculture Secretary Tom Vilsack on Monday, but he is waiting for farmers’ ideas on how the bank should operate. Speaking at a farm conference, Vilsack said he was open to an increase …

‘We don’t have a day to waste’ on climate mitigation, says Vilsack

U.S. agriculture faces a triple imperative — market, environment, and income — in responding to climate change, said Agriculture Secretary Tom Vilsack on Thursday, his first day on the job. "We don't have a day to waste on this," he told reporters while indicating that the USDA will move at deliberate speed to identify and support successful mitigation practices.

USDA seeks ways to ‘de-risk’ climate mitigation, says Bonnie

Farmers face significant expenses in adopting climate mitigation practices, and the Biden administration is pondering how to "de-risk those investments," possibly through a so-called carbon bank, said USDA climate adviser Robert Bonnie on Thursday. "Can we look at some new authorities to create some new financing mechanisms?"