Agriculture to see huge impacts from energy bill

WEST LAFAYETTE, Ind. – President Bush signed into law Dec. 19 an energy bill that will have larger long-term impacts on U.S. agriculture than the pending farm bill, said a Purdue University expert.
The bill increases the Renewable Fuels Standard (RFS) to 36 billion gallons by 2022, paving the way for increased production of renewable fuels from farms and forests.
Chris Hurt, a Purdue Extension agricultural economist, highlights the most important facts and potential implications from the new energy bill.