FARM Act would restrict use of “green energy” subsidies to remove ag land from production
WASHINGTON, DC – Rep. Tom Tiffany (WI-07) today announced plans to introduce the Future Agriculture Retention and Management Act – or FARM Act for short.
The bill would eliminate energy tax incentives that help finance the siting of solar panel and wind arrays on agricultural lands, often permanently taking these lands out of farm production.
Thanks to controversial renewable energy carve-outs embedded in the federal tax code, taxpayers are forced to underwrite generous “green energy” giveaways, allowing power companies to effectively tap the public treasury to subsidize solar and wind projects.
These taxpayer-financed handouts encourage the conversion of farmland to so-called “green energy” projects – undermining rural communities and posing a long-term threat to food security.
“Taxpayers should not be in the business of transforming prime agricultural land into unreliable wind and solar farms,” Tiffany said. “The FARM Act will get taxpayers out of the business of financing farm-threatening, ‘green energy’ boondoggles.”