Impacts of the American Clean Energy and Security Act of 2009 on U.S. Agriculture
발행처 :
Department of Agriculture, Washington, DC. Office of the Chief Economist.
페이지수 :
80p
내용주기 :
Our preliminary analysis of H.R. 2454, published in July, focused on the economic impacts of changes in energy prices associated with the cap imposed on domestic emissions. We have refined and expanded that analysis. The focus of this report is on how higher energy prices as well as the ability to generate and sell offsets resulting from a GHG emissions cap-and-trade system would affect the agriculture sector. In addition to national sector impacts, we present detailed regional impacts on both the effects of higher energy prices as well as the income potential from the sale of offsets. Our analysis finds that H.R. 2454 would benefit the agricultural sector. While higher energy prices are projected to increase farm expenses, when considered in conjunction with commodity price increases and revenues from offsets and biofuel production, the impact on net farm income is positive. The economic impacts of climate change legislation on the farm sector are broad, complex, and will evolve slowly over the next decades. Impacts will be influenced by the timing and extent of changes in temperature and precipitation, the efficacy of actions to mitigate emissions and adapt to changes, the form of the actions taken within the United States and in other countries, and the extent to which mitigation within the farm sector can be compensated through greenhouse gas (GHG) offsets or other mechanisms. We have not been able to quantify all of these factors and their influence on the farm economy.