• Ag input costs to increase $5 billion annually over next ten years. [American Farm Bureau Federation]
• Electricity costs will increase by one-third by 2040. [American Farm Bureau Federation]
• According to the U.S. Department of Agriculture analysis of the House-passed cap-and-trade bill, 59 million acres would be forced out of farm production, to be used for planting trees.
• EPA Administrator Lisa Jackson admitted that without reductions in countries like China, India, and Brazil, U.S. policy will have virtually no impact on temperatures. During these challenging economic times, we need to encourage economic growth. EPA's endangerment finding does the opposite by placing additional burdens on small businesses, farmers, and families, with no meaningful environmental benefit.“
• The American Farm Bureau Estimates It Will Cost Nearly A Billion Dollars To Comply With EPA's Decision, Nearly $23,200 Per Permit. "The EPA estimates there are more than 37,000 operations emitting above current Title V Clean Air Act thresholds and below 25,000 tons , with an average cost of $23,200 per permit. Using EPA's estimates, this would result in a cost of more than $866 million to agriculture to comply with the Title V permit program."
