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els. Kansas State University estimates a national carbon cutting policy that promoted agricultural offset markets could translate into some $ 15/acre for state farmers who practice conservation tillage.
Sadly, Washington, D.C. is content to sit on the sidelines of this new market, and our Virginia farmers, and those who depend upon them for job opportunities are missing out on these opportunities
So what can we do to change this?
The most effective way to deal with global warming and encourage the development of new, domestic energy sources is for Congress to pass legislation that limits greenhouse gas emissions and frees the market to pick the best way to meet the cap. Unlike most big government programs this new system would actually encourage market innovation and not raise taxes on working people.
Under the new cap, companies would shift away from fuels like oil — which give off high levels of greenhouse gases - and switch to cleaner energy sources. Fuels like biodiesel and ethanol, which are less polluting, would become more widespread, thus driving the agricultural economy from both the supply and demand sides.
For Virginia farmers this would be an economic boom.
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