AMES, Iowa --- Climate change legislation and regulations now making headlines will impact the economy, consumers and agriculture when they are enacted. To help Iowans better understand the proposed policy and its expected implications for agriculture, Iowa State University Extension will offer a statewide webcast on Monday, Feb. 1, starting at 7 p.m. The webcast is organized in collaboration with ISU's Biobased Industry Center (BIC).
“While the policy details are far from finalized, we can surmise the likely implications for agriculture in the policy alternatives being discussed,” said Chad Hart, Iowa State University Extension economist.
The two hour ISU Extension webcast will feature leading economists in energy economics and agricultural policy. These economists have studied the cap and trade policy, modeled the effects on agriculture, and testified before Congress about the expected impact on crop and livestock costs and returns. Local webcast sites will hold discussions to surface questions for the expert panel.
James Bushnell, the Cargill Chair in Energy Economics and Director of BIC at Iowa State, will provide an overview of the possible impacts for utility and transportation costs. Pat Westhoff, with the Food and Agricultural Policy Research Institute at University of Missouri, will outline the implications for crop producers. Dermot Hayes, Iowa State University economist, will discuss the implications for livestock producers. Chad Hart, Iowa State University Extension economist, will summarize the general outlook for agriculture under the proposed legislation.
The webcast will be held at select ISU Extension county offices beginning at 7 p.m. on Feb. 1. There is no charge for this event, but pre-registration is required by calling a host site. Sites with low pre-registration may cancel and direct people to another location; call the host office on Feb. 1 to confirm site participation. For a complete list of webcast host sites visit www.extension.iastate.edu/agdm/info/meetings.html.