NCC Issues Statement on Energy Bill
The NCC commends House Agriculture Committee Chairman Peterson’s (D-MN) stalwart efforts to successfully negotiate amendments to The American Clean Energy and Security Act (H.R. 2454) which authorizes USDA to develop and administer agricultural offsets in a cap-and-trade program.
Statement by the National Cotton Council on
H.R. 2454 - The American Clean Energy and Security Act
The National Cotton Council (NCC) is the central organization of the
The NCC commends Chairman Peterson’s stalwart efforts, in the face of formidable opposition, to successfully negotiate amendments to H.R. 2454 which authorizes USDA to develop and administer agricultural offsets in a cap-and-trade program. The NCC supports development of these offsets as a means to mitigate, to some degree, the impact of significantly higher energy and input costs to production agriculture and agribusiness.
Upon consideration of the broad impacts of this legislation, however, NCC has concluded that the higher costs of energy and other production inputs for every sector of the
NCC is deeply concerned about the international disparity that this bill would establish for
For these reasons, NCC urges support for Chairman Peterson’s amendments but can not support the bill without significant modifications and improvements to address the concerns outlined above.