A risk management program analyst says climate change is making crop insurance more expensive, affecting all Americans.
Jeff Schahczenski with the National Center for Appropriate Technology tells Brownfield crop insurance as it is structured now has taxpayers covering about 64% of the premiums in subsidies, and the impacts of climate change will only make risk management more costly. “There’s going to be some kind of a reckoning. We’re going to have to start thinking about is this the best way or are there better ways within the program to mitigate the risk that farmers and ranchers face every day.”
Schahczenski suggests the U.S.
