Ag carbon benefit may be indirect

Carbon trading is not likely to help farmers’ bottom lines significantly, according to Michael Farmer, Texas Tech associate professor, but agriculture may benefit indirectly from carbon regulation through value added from biofuels.

Farmer, speaking at a Texas Alliance for Water Conservation field day in Muncy, Texas, said large corporations such as Wal-Mart and General Electric could take advantage of cap and trade policies “to improve their carbon footprints.”

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