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EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)
General, Reuters, Weather

EU countries approve deal to overhaul farming subsidies

Subsidies to focus on sustainability, 'eco-schemes'

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Brussels | Reuters — European Union countries on Monday gave the green light to reforms of the bloc’s huge farming subsidy program, after a three-year battle over rules to make it greener and support smaller farms. Negotiators representing the EU’s 27 countries and European Parliament struck the deal on Friday to reform the Common Agricultural […] Read more
Storage tanks at a PBF Energy refinery at Delaware City, Delaware on Aug. 21, 2015. (File photo: Reuters/Charles Mostoller)
Crops, Reuters

U.S. refiners amass biofuel liability as Biden mulls relief

Open RIN positions could hit refiners' earnings

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New York | Reuters — U.S. merchant refiners have amassed up to a US$1.6 billion shortfall in the credits they will need to comply with U.S. biofuel laws, according to a Reuters review of corporate disclosures, an apparent bet that the Biden administration could let them off the hook or that credit prices will fall. […] Read more
A pair of Bombardier C series jets. (Bombardier.com)
Crops, Reuters

U.S. lawmakers to propose tax credit for sustainable aviation fuel

Fuel from plant oils, animal fats would qualify

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New York | Reuters — U.S. lawmakers plan to introduce a bill on Thursday that would create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from the aviation industry. The legislation, seen by Reuters, would impose a tax incentive of up to US$2 for every gallon […] Read more
(Thinkstock photo)
General, Machinery, Weather

Federal budget plays to mixed reviews from ag groups

Funding for green initiatives, carbon pricing rebate plan hailed

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The Canadian Federation of Agriculture (CFA) says it is “pleased” the 2021 federal budget included some of the recommendations it had made. Finance Minister Chrystia Freeland’s first budget, released April 19, included significant spending to help producers transition to a greener economy and cited agriculture as a foundational pillar of Canada’s future. “CFA will be […] Read more
Conservative Party leader Erin O’Toole speaks at Parliament Hill in Ottawa on Nov. 19, 2020. (File photo: Reuters/Blair Gable)
General, Machinery, Weather

Conservatives’ new climate plan puts price on carbon

New poll ranks carbon tax costs highest among farmers' springtime concerns

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Canada’s ag sector is expected to serve as a carbon sink, a renewable fuel source and a beneficiary in the federal Conservative Party’s new climate change plan — which now includes putting a price on carbon. Party leader Erin O’Toole announced the new plan Thursday — after a long campaign of vehemently opposing such policy. […] Read more
(JBSs.infoinvest.com.br)
Livestock, Reuters, Weather

JBS pledges net zero greenhouse emissions by 2040

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Sao Paulo | Reuters — JBS SA, the world’s largest meatpacker, has committed to zeroing the balance of its global greenhouse gas emissions by 2040, the company said on Tuesday, amid criticism of its role in a Brazilian beef industry driving rainforest destruction. “We know it is very difficult to achieve this,” CEO Gilberto Tomazoni […] Read more
Environment Minister Jonathan Wilkinson, with Infrastructure Minister Catherine McKenna (l) and Heritage Minister Steven Guilbeault (r), speaks at the Dominion Arboretum in Ottawa on Dec. 11, 2020. (Photo: Reuters/Blair Gable)
General, Machinery, Weather

No credit expected for farmers’ past work in new carbon market

Work on protocols for specific projects to begin this spring, department says

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Draft regulations for Canada’s new carbon market show Canadian farmers won’t receive credit for removing any greenhouse gas emissions (GHG) from the atmosphere prior to 2017. Federal Environment Minister Jonathan Wilkinson on Friday announced the offset market, to be known as the Federal Greenhouse Gas Offset System. A 60-day public consultation period on draft regulations […] Read more
Winnipeg South Centre MP Jim Carr speaks to the Canadian Crops Virtual Convention on March 2, 2021. (CCVC video screengrab)
Crops, Machinery, Weather

Carbon tax rebate on grain drying fuels coming

Jim Carr reiterates Bibeau's pledge from last week

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Farmers can expect a rebate on carbon taxes paid on fuels used to dry grain, Jim Carr, the federal cabinet’s special representative for the Prairies, told the Canadian Crops Virtual Convention on Tuesday. However, he didn’t provide any details. “There is promising news on this front,” Carr told the meeting, hosted by the Canola Council […] Read more
File photo of domestic hogs on a German farm. (FooTToo/iStock/Getty Images)
Livestock, Reuters, Weather

EU farmers could get cash to curb emissions from belching livestock

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Brussels | Reuters — Farmers should get European Union funding to reduce methane emissions from livestock or increase organic farmland, the European Commission said on Thursday, under plans to make agriculture greener. The EU is nearing the end of a two-year battle to overhaul its massive farming subsidies scheme, to attempt to align the agriculture […] Read more
(Fentino/E+/Getty Images)
Crops, Machinery

Bibeau promises help to farmers on rising carbon tax

Funds expected to help farmers cut emissions

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A steadily rising carbon tax has a lot of Western Canada’s grain farmers wondering how they’ll compete in world markets against competitors not subjected to a similar tax. “I think the world market is also looking towards a greener economy and always more sustainable agriculture,” federal Agriculture Minister Marie-Claude Bibeau said when the question was […] Read more

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