36.6 - Incorporate carbon exchange rates in creating incentives for landowners to conserve habitats

Although the cap-and-trade legislation, which passed the House of Representatives in 2010 but did not pass the Senate, didn’t have a specific section dedicated to landowner incentives, 0.28% of the revenue from the legislation would have been allocated to the Secretary of Agriculture to support agricultural activities that sequester carbon, and 2% of the revenue generated from the program would be allocated to prepare the United States to adapt to the impacts of climate change. The amount of allowances allocated for domestic adaptation will increase to 4% from 2022 through 2026 and to 8% thereafter. Half of these allowances would have been used for wildlife and natural resource protection and half for other domestic adaptation purposes, including public health.