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The Resource Environmental services markets : farm bill proposals, Renée Johnson

Environmental services markets : farm bill proposals, Renée Johnson

Creator
Contributor
Summary
Environmental goods and services are the benefits society obtains from the environment and ecosystems, both natural and managed, such as water filtration, flood control, provision of habitat, carbon storage, and many others. Farmer participation in providing these types of goods and services began in earnest in the 1990s with the development of watershed approaches incorporating nutrient credit trading and wetlands mitigation banking, as well as the more recent development of voluntary carbon credit markets. These efforts have triggered further interest in the possibility of developing market and trading opportunities for farmers and landowners as a source of environmental offsets. These services would be in addition to the food and fiber services traditionally supplied by the agriculture and forestry sectors. Congress is expressing growing interest in developing such market- based approaches to complement existing federally supported programs that promote conservation in the farm and forestry sectors, as well as to complement existing and/or emerging environmental regulations or natural resource requirements that may affect the agriculture and forestry sectors. In May 2007, the House Agriculture Committee released its proposal for the conservation title for the 2007 farm bill, which included draft language on market- based approaches to conservation. The Subcommittee on Conservation, Credit, Energy, and Research held a markup on these and other provisions on May 22, 2007. The committees proposal would establish an Environmental Services Standards Board, chaired by USDA with the participation of other identified federal partners. This proposal would provide contracts, cooperative agreements, and grants to develop consistent standards and processes for quantifying environmental benefits from the farm and forestry sectors, thus facilitating the further development of private sector markets for environmental services from farmers and landowners. This proposal follows a similar recommendation by the Bush Administration included in its broader 2007 farm bill proposal, which would also establish a Standards Board and develop uniform standards for agriculture- and forestry-based environmental services. This provision is one of the main components of the Administrations overall recommendations for the conservation title of the 2007 farm bill, along with other proposals that seek to enhance conservation programs in the farm bill. Among the possible questions that may emerge as this proposal becomes part of the 2007 farm bill debate are: Can agricultural interests effectively provide environmental services along with traditional food and forestry services? What is the role of the federal Standards Board and the role of the lead federal agency? How would collaboration work between various participating federal agencies? How would the agreed-upon decisions and standards set by the board work within existing regulatory authorities? Would uniform standards be national, regional, local, or site- specific in scope? How would uniform standards address differences within different production areas, types of resources, and ecosystems? Given the wide range in the types of environmental services, how would outcomes or benefits be measured and expressed as standards? What role should federal agencies play in establishing environmental services markets?
Language
eng
Work
Publication
Extent
1 online resource (11 unnumbered pages)
Note
  • June 12, 2007
  • Updated periodically
  • Title from PDF title page (viewed on September 5, 2007)
Instance
Label
Environmental services markets : farm bill proposals
Title
Environmental services markets
Title remainder
farm bill proposals
Statement of responsibility
Renée Johnson
Creator
Contributor
Subject
Genre
Language
eng
Summary
Environmental goods and services are the benefits society obtains from the environment and ecosystems, both natural and managed, such as water filtration, flood control, provision of habitat, carbon storage, and many others. Farmer participation in providing these types of goods and services began in earnest in the 1990s with the development of watershed approaches incorporating nutrient credit trading and wetlands mitigation banking, as well as the more recent development of voluntary carbon credit markets. These efforts have triggered further interest in the possibility of developing market and trading opportunities for farmers and landowners as a source of environmental offsets. These services would be in addition to the food and fiber services traditionally supplied by the agriculture and forestry sectors. Congress is expressing growing interest in developing such market- based approaches to complement existing federally supported programs that promote conservation in the farm and forestry sectors, as well as to complement existing and/or emerging environmental regulations or natural resource requirements that may affect the agriculture and forestry sectors. In May 2007, the House Agriculture Committee released its proposal for the conservation title for the 2007 farm bill, which included draft language on market- based approaches to conservation. The Subcommittee on Conservation, Credit, Energy, and Research held a markup on these and other provisions on May 22, 2007. The committees proposal would establish an Environmental Services Standards Board, chaired by USDA with the participation of other identified federal partners. This proposal would provide contracts, cooperative agreements, and grants to develop consistent standards and processes for quantifying environmental benefits from the farm and forestry sectors, thus facilitating the further development of private sector markets for environmental services from farmers and landowners. This proposal follows a similar recommendation by the Bush Administration included in its broader 2007 farm bill proposal, which would also establish a Standards Board and develop uniform standards for agriculture- and forestry-based environmental services. This provision is one of the main components of the Administrations overall recommendations for the conservation title of the 2007 farm bill, along with other proposals that seek to enhance conservation programs in the farm bill. Among the possible questions that may emerge as this proposal becomes part of the 2007 farm bill debate are: Can agricultural interests effectively provide environmental services along with traditional food and forestry services? What is the role of the federal Standards Board and the role of the lead federal agency? How would collaboration work between various participating federal agencies? How would the agreed-upon decisions and standards set by the board work within existing regulatory authorities? Would uniform standards be national, regional, local, or site- specific in scope? How would uniform standards address differences within different production areas, types of resources, and ecosystems? Given the wide range in the types of environmental services, how would outcomes or benefits be measured and expressed as standards? What role should federal agencies play in establishing environmental services markets?
Member of
Cataloging source
EJB
http://bibfra.me/vocab/lite/collectionName
HeinOnline U.S. Congressional Documents Library
http://library.link/vocab/creatorName
Johnson, Renee
Government publication
federal national government publication
Index
no index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorName
Library of Congress
Series statement
CRS report for Congress
Series volume
RL34042
http://library.link/vocab/subjectName
  • Pollution control industry
  • Incentives in conservation of natural resources
  • Incentives in conservation of natural resources
  • Pollution control industry
  • United States
Label
Environmental services markets : farm bill proposals, Renée Johnson
Instantiates
Publication
Note
  • June 12, 2007
  • Updated periodically
  • Title from PDF title page (viewed on September 5, 2007)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
mixed
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
166903667
Dimensions
unknown
Extent
1 online resource (11 unnumbered pages)
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
remote
System control number
(OCoLC)166903667
System details
  • Mode of access: World Wide Web
  • System requirements: Adobe Reader
Label
Environmental services markets : farm bill proposals, Renée Johnson
Publication
Note
  • June 12, 2007
  • Updated periodically
  • Title from PDF title page (viewed on September 5, 2007)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
mixed
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
166903667
Dimensions
unknown
Extent
1 online resource (11 unnumbered pages)
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
remote
System control number
(OCoLC)166903667
System details
  • Mode of access: World Wide Web
  • System requirements: Adobe Reader

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