02/07/2022 SOURCE: news.yahoo.com

USDA to spend $1 billion to promote climate-friendly agriculture

The U.S. Department of Agriculture will invest $1 billion in pilot projects that promote farming, ranching and forestry practices that cut greenhouse gas emissions or capture and store climate-warming carbon, USDA Secretary Tom Vilsack told Reuters. The agency is due to announce the Partnerships for Climate-Smart Commodities program later on Monday. The program will tap funds from the USDA's Commodity Credit Corporation, which provides up to $30 billion annually from the U.S. Treasury to help stabilize agricultural product prices and support farm income.

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