The Dernogalizer

June 16, 2009

Peterson Bought Out

What Could be Inside?

What Could be Inside?

A month ago, I wrote about the staggering amount of money energy lobbyists had given to members of the Energy and Commerce Committee, and how coincidentally those who had received the most money were causing the most trouble.  Ever since the bill passed out of that committee, its main obstacle has been the Agriculture Committee Chair Collin Peterson.  Peterson has sought to change something that isn’t even in the bill, which is the EPA seeking to take into account the full life cycle of biofuels so that we’re only using biofuels to replace conventional ones when there aren’t adverse effects like tropical deforestation.  This threatens much of the current ethanol industry, so Peterson has build up a voting block of 30-40 rural farm state Democrats, and is threatening to derail the climate bill unless he gets what he wants.  He also wants farmers to be able to sell billions of dollars worth of offsets on the offset market for farming practices trap which more carbon in the soil and plants.

Now I actually think it’s okay for there to be provisions in the bill where farmers can sell real and verifiable offsets on the domestic offset market we’re going to inevitably have if this bill passes.  See 8 reasons why farmers should support Waxman-Markey.  However right now the bill allows for that even though agriculture is exempt from the cap on greenhouse gas emissions.  The issue Peterson has is he wants the process by which offsets are verified to be adjusted in the bill so that the new process is tilted in favor the benefiting the big agricultural industries.  It shouldn’t come as a surprise then to find that Peterson, like his Energy and Commerce Counterparts, has been bought out by big Ag.  A table says a thousand words.

Agribusiness $1,597,823 $1,342,814 $255,009
Communications/Electronics $76,820 $64,700 $12,120
Construction $97,085 $74,000 $23,085
Defense $10,400 $10,400 $0
Energy & Natural Resources $145,335 $138,585 $6,750
Finance, Insurance & Real Estate $617,164 $579,774 $37,390
Health $232,870 $222,200 $10,670
Lawyers & Lobbyists $181,785 $92,753 $89,032
Transportation $136,750 $132,500 $4,250
Misc Business $277,896 $238,231 $39,665
Labor $1,064,494 $1,063,794 $700
Ideological/Single-Issue $228,351 $208,251 $20,100
Other $32,305 $7,000 $25,305
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6 Comments »

  1. […] Cross-Posted from: HERE […]

    Pingback by Peterson Bought Out « It’s Getting Hot In Here — June 16, 2009 @ 1:21 pm | Reply

  2. […] Cross-Posted from: HERE […]

    Pingback by Peterson Bought Out | CCAN Blog — June 16, 2009 @ 1:24 pm | Reply

  3. […] and Peterson and others are standing firm against action unless ACES is radically weakened in favor of corporate […]

    Pingback by Not even a rubber mallet? Do “Climate Change Leaders” know how to play hardball? — June 18, 2009 @ 6:25 am | Reply

  4. […] creates. The ethanol industry doesn't like this, for obvious reasons. And Peterson gets a lot of money from agribusiness, so he doesn't like it, either. Now, this would be an ugly concession, but […]

    Pingback by Is Collin Peterson Sabotaging Climate Policy? - Environment and Energy — June 18, 2009 @ 6:12 pm | Reply

  5. […] our greenhouse gas emissions.  There’s also the effect on climate legislation, as a single bought out Chair Collin Peterson of the Agriculture Committee in the House has been able to delay, and […]

    Pingback by Reforming Agriculture « The Dernogalizer — June 21, 2009 @ 2:35 pm | Reply

  6. Pretty cool post. I just stumbled upon your site and wanted to say that I’ve really liked browsing your blog posts.

    Anyway, I’ll be subscribing to your feed and I hope you write again soon!

    Comment by apes — June 25, 2009 @ 2:54 am | Reply


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