- Renewable electricity standard needed
- Benefits agriculture
- Adds jobs, economic activity
Farmers, ranchers and forestland owners would stand to gain significant and widespread economic benefits if a properly constructed Renewable Electricity Standard is implemented on top of the Renewable Fuels Standard set by federal energy legislation in 2007. The findings come in a University of Tennessee Bio-based Energy Analysis Group study commissioned by 25x’25.
The authors of the study, Drs. Burton C. English, Daniel G. De La Torre Ugarte, Chad Hellwinckel, Kimberly L. Jensen and Christopher D. Clark, are professors and Jamey Menard is a research associate in the Department of Agricultural and Resource Economics at the University of Tennessee. Co-author Tristram O. West is an ecosystem scientist at the Joint Global Change Research Institute in College Park, Md.