WHAT Profound change is afoot in the quest to meet California’s ambitious decarbonization targets and our state’s electric grid is a critical lynchpin; delivering zero-carbon electricity to California citizens and businesses is critical as we work to power our industries, buildings, and transportation sector with clean electricity. Realizing 100% clean energy and statewide carbon neutrality […]
Harrisburg, P.A. – Pennsylvania will be making the single-largest solar procurement by a state government in the country, Governor Tom Wolf announced today. The block of solar power purchasing agreements will supply about 50% of the state government’s electricity demands, exceeding the commitment made in the governors’ 2019 executive order. The following is a statement […]
“‘The business community in California may not always be homogenous,’ says Andy Wunder of E2, one of the business groups that signed the letter. ‘And there is a lot of excitement from our clean energy companies and fleet owners and operators to see this Advanced Clean Fleet rule come through.’
Download the letter here.
WASHINGTON – The U.S. Senate voted to confirm former Michigan Governor Jennifer Granholm as secretary of the U.S. Department of Energy, making her just the second woman to lead the department since its creation in 1977. As governor, Granholm helped steer Michigan’s economy toward clean energy and electric vehicles following the 2008 financial crisis, leading […]
Reducing current and future global warming emissions is not enough to avoid the worst impacts of climate change. We must also aggressively remove carbon dioxide that’s already in the atmosphere. While advanced carbon removal technologies are still on the drawing board, E2’s new report, Healthy Soils and the Climate Connection, shows that agriculture presents an immediate, […]
Making stored carbon farming’s next cash crop is vital to U.S. climate battle WASHINGTON – America’s farms were struggling just to make a profit even before the COVID-19 pandemic, but long-ignored soil practices could provide new revenue opportunities and long-term profitability for thousands of hard-hit farms across the U.S., according to a new report from […]
Most initiatives to fight climate change today focus on reducing fossil fuel emissions from electricity generation, transportation, and buildings. But to avoid the worst impacts of climate change we must also significantly reduce the atmospheric carbon that has already been emitted. While efforts are underway to develop new and high tech mechanisms to accomplish this, there is an immediately available and economically viable pathway for atmospheric carbon removal—one that provides a compelling new value proposition for farmers to revitalize their soils and get paid for doing it.
Regenerative agriculture methods such as cover cropping, crop rotation, low-till or no-till practices, and reduced reliance on fossil-fuel based inputs can mitigate climate change by drawing down atmospheric CO2 and sequestering that carbon in the soil, while improving microbial soil health, and increasing soil fertility, crop yield and resilience. These practices also produce multiple additional economic and environmental benefits.
For most of the past decade, agriculture has been one of the most challenging sectors of the U.S. economy. American farmers have had to endure plummeting crop prices, trade-war tariffs, rising costs for inputs like fertilizer, and increasing crop and livestock losses from extreme weather events and less predictable growing seasons—an estimated 85% of U.S. crop losses are due to extreme weather events. Then came COVID-19, disrupting supply chains, upending markets such as restaurants, schools, and institutional food, and further dimming farmers’ prospects with a likely extended recession. According to the Food and Agriculture Policy Research Institute at the University of Missouri, net farm income could plunge by 19% ($20 billion) in 2020.
But climate-smart agriculture and soil carbon drawdown are in the nascent stages of ushering in a potentially gamechanging chapter in 21st century agriculture. Through strategic direction of Farm Bill funds and other state and federal policies, partnerships with private sector companies seeking to go carbon-negative, and increased consumer demand for low-carbon food, fiber and fuel, regenerative cultivation practices can deliver four significant economic, environmental, and political opportunities for the U.S. farm economy.
Climate-smart agricultural practices offer a path to economic recovery and long-term profitability for hard-hit farmers by delivering increased and more consistent crop yields, reduced costs for inputs (fertilizer, fuel, pesticides) and crop insurance, and the opportunity to participate in markets for soil-based carbon removal. ‘Reduced carbon’ or ‘negative carbon’ crop outputs and the products derived from them may also have increased market value as consumer awareness and demand increases for products with these attributes.3 Healthier soils also make farms and ranches more resilient in the face of increasingly common extreme weather events.
“Ag tech” is one of the fastest-growing technology sectors, with investors from across the financial sector funding startup companies creating highly skilled jobs in technologies such as microbial soil additives, advanced sensors, drones, monitoring software, GPS mapping, genomics, AI, and data analytics. The demand for accurate soil data measurement and analysis is strong, and college programs to train new ag tech professionals are growing throughout the Farm Belt. Additional innovation is taking place in the creation of agricultural carbon trading platforms, establishing carbon as a new farm commodity.
While storing carbon from the atmosphere in agricultural soils can be a key factor in the battle against climate change, the practices that sequester carbon also deliver a wide range of other environmental benefits—including improved water quality and conservation, improved air quality, greater biodiversity, and reduced toxic inputs. Markets and other opportunities that monetize these practices are emerging, creating new revenue streams for farmers and ranchers across the U.S.
Support for policies to incentivize agricultural carbon sequestration has bridged the historically contentious divide between the environmental and agricultural communities because the practices that restore and enhance soil carbon produce both economic benefits for farmers and natural resource benefits to society. In 2017, for instance, an unprecedented coalition of environmental, business, and farm industry groups helped forge and recruit bipartisan Congressional support for the Soil Health Demonstration Trial in the 2018 Farm Bill, a key soil health enhancement and soil carbon measurement program. Since then, numerous policies building on that provision have been proposed at the state and federal levels by lawmakers on both sides of the political aisle, as diverse stakeholders recognize the benefits of valuing agricultural carbon removal.
Healthy Soils and the Climate Connection: A Path to Economic Recovery on America’s Farms provides a roadmap for how climate-smart agriculture policies could provide profit boosts for farmers and climate wins for advocates.
E2: Actions will help displaced oil and gas workers and get more jobs in low income and communities of color WASHINGTON (January 27, 2021) – Today, President Biden is announcing sweeping climate plans that include a moratorium on new federal oil and gas leases on public land, directs government to ramp up procurement of clean energy and […]
RGGI is an important and effective tool for addressing climate change, reduce health impacts of air pollution and generating millions of dollars of annual proceeds from the sale of auctions to invest in programs that can save consumers money invest in cleaner, more energy efficient communities.
The Transportation and Climate Initiative is a once in a generation opportunity to transform New York’s transportation system, cut carbon pollution and invest in communities and better transportation options.
As the state’s economy looks to recover from COVID-19, the clean energy industry provides an opportunity to both hasten our recovery and address other urgent challenges North Carolinians face, including racial inequity, job growth, job quality and climate change.