Source: American Farm Bureau Federation

The American Farm Bureau Federation has announced that it is strongly opposed to the Boxer-Kerry climate change bill that was introduced in the Senate last week.

"America's farmers and ranchers did not fare that well in the House-passed climate change bill, and they fare even worse in the Senate bill," said American Farm Bureau Federation President Bob Stallman. "There are few benefits and even greater costs to agriculture and the American public."

The bill, authored by Sens. Barbara Boxer (D-Calif.) and John Kerry (D-Mass.), seeks to reduce U.S. greenhouse gas emissions through a cap-and-trade program. The legislation would require greenhouse gas emissions to be cut 20 percent by 2020 from 2005 levels-greater than the House bill's target of 17 percent. Stallman said the 20 percent target is unrealistic and will lead to higher energy bills for all consumers.

Read the original news release.