Thousands of 1ft tall people call for climate action - Edinburgh, Scotland

The impact of the amended legislation on climate change on farms and ranches in the United States will be “bearable” – partly owing to the opportunity to earn money for controlling greenhouse-gases.  Collin Peterson, chairman of the House Agriculture Committee, said in a speech at a meeting of the American Soybean Association that it has been estimated the climate bill would push up the costs of crop production by 1.8%-4.6% in the short term.

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Major business groups in the United States have warned US Congress that it will trigger what may be called a “green trade war” if Congress passes a climate change bill which “threatens” other countries with taxes on energy-intensive goods.

In a letter to US Senate leaders, the National Foreign Trade Council, the United States Chamber of Commerce and two other groups urged the Senate to desist from including provisions that could “negatively impact US relations with key trading partners and disrupt the global trading systems.”  Climate change, the letter adds, is a global problem which requires international cooperation and not “unilateral ultimatums.”

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