Democratic hopeful Bennet unveils climate plan with farm, conservation focus

Published 05/20/2019, 11:33 AM
Updated 05/20/2019, 11:35 AM
© Reuters. FILE PHOTO: Senator Michael Bennet speaks at NABTU legislative conference in Washington

By Timothy Gardner

WASHINGTON (Reuters) - U.S. Senator Michael Bennet, a 2020 Democratic presidential contender, unveiled a plan on Monday to tackle climate change with a focus on slashing emissions from farming and ranching and conserving nearly a third of U.S. lands.

Bennet is distinguishing himself from rivals, such as Governor Jay Inslee of Washington, who are pressing for more aggressive plans to fight global warming, by making land management and agriculture a large part of his climate platform.

The senator from Colorado, a state rich in farms and ranches, said his climate plan is the only one to focus on agriculture and conserving land to sequester carbon dioxide while also seeking emissions cuts from power plants, transportation and heavy industry.

"We need to scale the efforts of our farmers and ranchers to make them part of the solution," Bennet told reporters in conference call.

His plan would boost certainty for farmers to grow and invest in advanced biofuels, convert food waste into energy, and help farmers and ranchers transition to voluntary practices such as reforestation that helps the land store carbon emissions.

Bennet would establish a council including seats for labor, farmers and ranchers, scientists, business leaders and greens to develop more details of the plan by day 100 of his presidency.

"The most important thing we've got to figure out how to do is to build a broad constituency in America to take on climate change," he said.

Bennet is competing in the most crowded Democratic field in the modern political era, with more than 20 candidates vying to challenge Republican President Donald Trump.

Democratic rivals including Inslee, former Congressman Beto O'Rourke of Texas, and Senator Elizabeth Warren of Massachusetts have unveiled details of their climate plans in recent weeks. Democratic front-runner and former Vice President Joe Biden said last week he will unveil his climate plan “very shortly.”

Bennet's plan also seeks 100% net zero emissions no later than 2050, which he said was in line with scientific consensus on fighting climate change. Inslee's plan sets a goal of achieving 100% zero-emission electricity by 2035. Bennet did not embrace a carbon tax or other strategies to drive down emissions, but said the approach would be figured out early in his presidency.

© Reuters. FILE PHOTO: Senator Michael Bennet speaks at NABTU legislative conference in Washington

The plan would also create a "climate bank" to drive $10 trillion in private investment in innovation and infrastructure for domestic and international markets. It seeks to create 10 million green technology jobs in 10 years.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.