Thursday, March 27, 2014

Just in from Washington

Proposed Power Plant Rules Threaten Energy Affordability

Washington--EPA's recently proposed greenhouse gas regulations greatly jeopardize the availability of an affordable and reliable supply of energy, without which farmers and ranchers cannot produce the food, fuel and fiber every American relies on, according to Farm Bureau.

Among agriculture's biggest concerns about the agency's proposed standard for new power plants are the significant costs for utilities in complying with these planned rules. Utility companies can and will pass these costs on to their customers, who will then pass the costs down the line. That's not an option for farmers and ranchers.

"Farmers and ranchers are price takers and not price makers, so they lack the ability of many other sectors of recouping their costs by passing them on to customers," Farm Bureau wrote in comments to the agency. "Higher energy costs for farmers and ranchers mean higher farm input costs."

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