Solutions from the Land commends Senate Majority Leader Charles E. Schumer and West Virginia Sen. Joe Machin for forging consensus on a pathway to advance legislation that will provide the largest investment in climate change in U.S. history. Some $385 billion in spending and tax breaks would be allocated under the Inflation Reduction Act of 2022 for combating climate change and bolstering U.S. energy production through changes that would encourage economy-wide cuts to carbon emissions. Approximately $40 billion, or roughly 10% of the funds allocated to combat climate change, will go to USDA for climate smart agriculture programs, biofuel development, forest restoration work, renewable energy tax credits, conservation technical assistance and rural electric cooperative carbon capture and storage and resilience projects, all top priorities for Solutions from the Land.
“SfL applauds the Senate leaders for recognizing the important role that sustainably managed farms, ranches and forests can play in mitigating climate change and simultaneously delivering import ecosystem services” said SfL President Ernie Shea. “We call on climate smart agriculture stakeholders to reach out to lawmakers and urge them to work together and adopt these important provisions in a timely manner.”
For additional information, contact SfL President Ernie Shea at 401-952-0123, or by email at [email protected].