Department of Agriculture (USDA) announced that it has awarded $17.4 million for pilot projects that will begin exploring how to establish a market for greenhouse gas (GHG) credits, a key component of a cap and trade system, to help reduce carbon and other emissions that apparently contribute to global warming.
Agriculture Secretary Tom Vilsack said the projects were the “foundational work” for establishing an American carbon market. “This is really sort of foundational work that’s being done,” Vilsack told reporters on a conference call on Wednesday.
Obama spending your tax dollars to necessarily sky rocket energy costs!!