Thursday, June 11, 2015

Obama enlists food giants

United States President Barrack Obama has enlisted Unilever NV, Wal-Mart Stores Inc. and other large companies reliant on agriculture to encourage farmers who supply them to cut carbon pollution.

The White House says it’s part of a larger package of policies to reduce carbon emissions.

In conjunction with the private-sector commitments, the Department of Agriculture said it plans to spend about $7 million on 550 renewable energy projects and upgrades at small farms and businesses in rural areas.

“By investing in renewable energy and supporting climate- smart agricultural practices, rural communities and businesses can help slow the effects of climate change while creating jobs and growing the economy,” the White House said.