Today the House Agricultural Subcommittee on Conservation, Credit, Energy, and Research held a hearing to review “the costs and benefits of agriculture offsets.” Witnesses included Dr. Joseph Glauber (Chief Economist, U.S. Department of Agriculture, Washington, D.C.), Dr. Joseph Kile (Assistant Director for Microeconomic Studies, Congressional Budget Office, Washington, D. C.), Dr. Brian Murray (Director for Economic Analysis, Nicholas Institute for Environmental Policy Solutions, Duke University, Durham, North Carolina), Dr. Bruce McCarl (Distinguished Professor of Agricultural Economics, Texas A&M University, College Station, Texas), Dr. Brent Sohngen (Professor, Department of Agricultural, Environmental, and Development Economics, The Ohio State University, Columbus, Ohio), Dr. Dermot Hayes (Professor of Economics, Center for Agricultural and Rural Development, Iowa State University, Ames, Iowa), and Dr. Michael Wara (Assistant Professor, Stanford Law School, Stanford, California). You can view opening statements on the
Committee’s website.