Farms-to-forest plan worries Vilsack
The ranking Republican on the committee, Sen. Saxby Chambliss of Georgia, and his counterpart on the House Agriculture Committee, ranking Republican Rep. Frank D. Lucas of Oklahoma, wrote to Mr. Vilsack and EPA Administrator Lisa P. Jackson earlier this month to ask for new economic analyses of the House and Senate bills.
“EPA’s analysis was often cited during debate in the House of Representatives and the study had a great impact on the final vote. If there was a flaw in the analysis, then it would be prudent to correct the model and perform a more current and complete analysis on both [bills],” they wrote.
In a statement, the EPA said: “EPA looks forward to working with USDA and the designer of this particular computer model to continue improving the analytical tools that all of [us] use to predict the ways that different climate policies would affect agriculture.”
Allison Specht, an economist at the American Farm Bureau Federation, said other studies have largely confirmed the results of the EPA and Agriculture Department analysis.
“That’s one of the realities of cap-and-trade legislation. The biggest bang for your buck for carbon credits is planting trees,” she said.