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Viewpoint: Public investment in agricultural innovation is woefully inadequate. Here's what should be done

Doubling government funding for agricultural research and development (R&D) would have tremendous environmental and economic benefits, according to a new BTI-commissioned paper in the Journal of Agricultural and Applied Economics. A substantial increase in R&D funding is needed now more than ever to manage extreme weather and new pest pressures, to help U.S. farmers better compete with producers internationally, and to reduce the food system’s large environmental footprint.However, increasing R&D funding would require a significant new commitment from policymakers. After reaching a peak in 2002, spending on U.S. public agricultural R&D has fallen by approximately one-third over the past two decades. Public agricultural R&D has historically been the backbone of American agricultural innovation, reducing food prices, enhancing food security, and enabling farmers to produce more with less land and other inputs. Every $1 invested in public agricultural R&D has historically generated $20 in value to consumers and the rest of society. So the decline in R&D spending represents a substantial threat to continued agricultural advancement and gains in environmental sustainability.The new study, by Dr. Uris Baldos, associate professor of agricultural economics at Purdue University, is the first to estimate the impact of U.S. public R&D funding on greenhouse gas (GHG) emissions and land use, as well as on productivity, farm output, and prices. It finds that substantially raising R&D funding would be a cost-effective climate mitigation strategy. Specifically, the study finds that doubling public agricultural R&D funding would reduce emissions at a cost of roughly $12 per metric ton of carbon dioxide equivalent, while also raising output, limiting global land use, and reducing crop and livestock prices.

Illinois , United-states , Iowa , Texas , Wisconsin , America , American , Uris-baldos , Purdue-university , Agricultural-research-service , Agriculture-research , Foundation-for-food

National policy could benefit twofold

A climate policy that increases the price of carbon-intensive products across the entire U.S. economy would yield a side benefit of reducing nitrate groundwater contamination throughout the Mississippi River Basin.

Steve-koppes , Uris-baldos , Shan-zuidema , Jing-liu , Maksym-chepeliev , David-johnson , University-of-virginia-james-galloway , Environmental-research-letters , Steve-koppes-purdue-university , Proceedings-of-the-national-academy-sciences , Purdue-university

The Farmer's Exchange Online GHG Reduction Could Also Improve Water Quality

The Farmer's Exchange Online GHG Reduction Could Also Improve Water Quality
farmers-exchange.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from farmers-exchange.net Daily Mail and Mail on Sunday newspapers.

Maksym-chepeliev , Jing-liu , Shan-zuidema , Uris-baldos , David-johnson , Purdue-university , University-of-virginia-james-galloway , Proceedings-of-the-national-academy-sciences , Environmental-research-letters , Mississippi-river , National-academy

Study: U.S. greenhouse gas reduction policy would also improve water quality

Interdisciplinary study scrutinizes impact of multiple scenarios.

Thomas-hertel , David-johnson , Shan-zuidema , Jing-liu , Maksym-chepeliev , Uris-baldos , Purdue-university , Proceedings-of-the-national-academy-sciences , University-of-virginia-james-galloway , Environmental-research-letters , Mississippi-river

National policy aimed at reducing U.S. greenhouse gases also would improve water quality

National policy aimed at reducing U.S. greenhouse gases also would improve water quality
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Shan-zuidema , Jing-liu , David-johnson , Maksym-chepeliev , Thomas-hertel , Uris-baldos , Proceedings-of-the-national-academy-sciences , Purdue-university , University-of-virginia-james-galloway , Environmental-research-letters , National-academy

Adding Social Costs to Carbon Emissions Helps Improve Water Quality in Gulf of Mexico

Climate policies can offer options for putting climate change efforts into place that solve environmental problems like excessive carbon dioxide in the atmosphere created by greenhouse gas emissions.

Paris , France-general- , France , Wilfred-wollheim , Jing-liu , Shan-zuidema , Stephen-frolking , Christopher-kucharik , Laura-thomsonoct , David-johnson , Tom-hertel , Uris-baldos

Water Quality Boosted in Gulf of Mexico by Adding Social Costs to Carbon Emissions: Study

Water Quality Boosted in Gulf of Mexico by Adding Social Costs to Carbon Emissions: Study
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New-hampshire , United-states , Paris , France-general- , France , University-of-new-hampshire , Jing-liu , Tom-hertel , Maksym-chepeliev , Stephen-frolking , Uris-baldos , Shan-zuidema

Research finds water quality in Gulf of Mexico improves when adding social costs to carbon emissions

Research finds water quality in Gulf of Mexico improves when adding social costs to carbon emissions
sciencedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sciencedaily.com Daily Mail and Mail on Sunday newspapers.

Paris , France-general- , France , New-hampshire , United-states , Uris-baldos , Jing-liu , Christopher-kucharik , Wilfred-wollheim , Shan-zuidema , David-johnson , Tom-hertel

The Economics Behind Climate Change

The Economics Behind Climate Change
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Florida , United-states , India , Michigan , Texas , Pakistan , Uris-baldos , Us-environmental-protection-agency , Department-of-agricultural-economics , Purdue-university-center , Purdue-university , Global-trade-analysis