Patrick Westhoff ( [email protected] ) FAPRI-MU ( www.fapri.missouri.edu ) University of Missouri. Potential Congressional Action on Greenhouse Gas Regulation. Breimyer Seminar, 2010 “Greenhouse Gas Regulation, Boom or Bust for Agriculture?” Columbia, Missouri, May 27, 2010.
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Source: Table 3 in USDA testimony before House Agriculture Committee, Dec. 18, 2009, p. 21.
Source: EIA and EPA analysis of HR 2454, the House climate change bill. These costs include the value of allowances.
*Free allowances are phased out between 2025 and 2035 under HR 2454.
Source: FAPRI-MU estimates.
Source: FAPRI-MU estimates. Measures changes in variable expenses (excluding land) for crops, feed and nonfeed expenses for livestock
Source: FAPRI-MU estimates. Farm prices for crops, Nebraska direct prices for steers, and 51-52% lean prices for hogs
Source: FAPRI-MU estimates. 13 crops include listed crops, upland cotton, sorghum, barley, oats, rice, peanuts, sunflowers, canola, sugarcane and sugar beets.
Source: FAPRI-MU estimates. These estimates do NOT include income from sale of offsets. If included, offset sales would increase net farm income.