In This Issue:
America's farms and forestlands have a major role to play in reducing the threat of climate change, according to two reports released by the Pew Center. Changes in agricultural practices coupled with foresting marginal agricultural lands could offset up to one-fifth of current U.S. greenhouse gas emissions, while at the same time creating potential new sources of farming income. In addition, the nation could reduce emissions by 10 to 25 percent by replacing fossil fuels with biofuels made from agricultural crops.
The two reports, Agricultural and Forestlands: U.S. Carbon Policy Strategies  by Kenneth R. Richards, R. Neil Sampson, and Sandra Brown and Agriculture's Role in Greenhouse Gas Mitigation  by Keith Paustian, John M. Antle, John Sheehan, and Eldor A. Paul, were released September 21.
While the first paper focuses on policy options, the companion report reviews the economic and technological opportunities available to farmers. Together these reports provide a comprehensive review of the role of U.S. forest and agricultural lands in a domestic climate change program.
Read the reports:
On September 20, 2006, Judi Greenwald, Director of Innovative Solutions for the Pew Center on Global Climate Change, testified before the Subcommittee on Energy of the Committee on Science at a hearing on the Department of Energy's Plan for Climate Change Technology Program.
"Given that U.S. greenhouse gas emissions have risen steadily, despite fifteen years of voluntary efforts, the national program will need to include mandatory reductions. Simply creating a supply of carbon-reduction technologies does not mean there will be a demand for them. A mandatory constraint on emissions, on the other hand, will make emissions reductions financially valuable to the individual producing them, creating a demand for emissions-reducing technologies in the marketplace."
-Judi Greenwald before Subcommittee on Energy of the Committee on Science
Read the full testimony .
New report: "Getting Ahead of the Curve: Corporate Strategies That Address Climate Change"
Release date: October 18, 2006
The report is a detailed "how to" guide to help corporate decision makers formulate effective business strategies that integrate factors related to climate change. Drawing directly from the experience of climate leaders from the world's leading companies, it is also a resource for policymakers, investors, and other stakeholders as they interpret corporate climate risk, opportunity, and action.