Source: 25x'25

The 25x'25 Alliance has released a study commissioned from the University of Tennessee's Bio-based Energy Analysis Group that shows how a Renewable Electricity Standard (RES), among other policy scenarios, would impact the U.S. agricultural and forestry sectors. By asking researchers to look at the economic impacts of an RES implemented in combination with the ongoing Renewable Fuels Standard (RFS) set by the Energy Independence and Security Act of 2007, the alliance offers a comprehensive picture of just what an RES would do to net returns, and crop and livestock prices. The study also shows the likelihood of conversion of land to forests and grasslands under an RES, and any potential shifts in commodity crop land use.

The study, Implications of Energy and Carbon Policies for Agriculture and Forestry Sectors, finds that economic returns to the agriculture and forestry sectors under an RES are significant and are projected to be widespread across the country. 

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