Market-Based Solutions for the U.S. Agriculture Sector
Channel: R Street Institute
Date: 2021-11-03

Featuring:

[Moderator] Caroline Kitchens, Director of Government Affairs, R Street Institute
Clark Packard, Resident Fellow and Trade Policy Counsel, R Street Institute
Philip Rossetti, Resident Senior Fellow, R Street Institute

R Street has long supported pragmatic efforts to curb carbon emissions and pare back the agricultural safety net in a way that improves environmental outcomes; minimizes crony capitalism; cuts costs for taxpayers; and expands foreign market access for agricultural producers. Over the next several years, policymakers will have the opportunity to address these concerns in productive ways.

In the coming days, R Street will release two policy papers regarding the intersection of climate change, agriculture and international trade. The first paper, “Harvesting Another Trade War: Ad Hoc Farm Subsidies and Our WTO Commitments,” examines the Trump administration’s ad hoc trade-war bailout subsidies and COVID-19 payments and whether they comply with U.S. obligations under World Trade Organization rules. The paper then makes concrete recommendations to expand international trade so that American producers can better reach the approximately 95 percent of global consumers living outside the United States.

In another paper, R Street analyzes the potential benefits of utilizing carbon markets to offset emissions from difficult-to-abate sectors like aviation. With this approach, there is the potential for hundreds of billions of dollars of savings compared to centrally-planned emission mandates.

R Street Institute is a nonprofit, nonpartisan, public policy research organization. Our mission is to engage in policy research and outreach to promote free markets and limited, effective government. 

We believe free markets work better than the alternatives. We also recognize that the legislative process calls for practical responses to current problems. To that end, our motto is “Free markets. Real solutions.” 

We offer research and analysis that advance the goals of a more market-oriented society and an effective, efficient government, with the full realization that progress on the ground tends to be made one inch at a time. In other words, we look for free-market victories on the margin. 

Learn more at https://www.rstreet.org/ 
Follow us on Twitter at @RSI 
Find us on Facebook at https://www.facebook.com/RStreetInstitute/
Find us on LinkedIn at https://www.linkedin.com/company/r-street-institute