... of the impacts of House-passed climate legislation, HR 2454, on U. S. agriculture. The analysis assumes no technological change, no alteration of inputs in agriculture, and no increase in demand ... analysis includes revenue generated from forest management offsets while USDA s does not. USDA s analysis strongly suggests that revenue from agricultural offsets (afforestation, soil carbon, ... ANALYSIS OF THE EFFECTS OF HR 2454 ON U. S. AGRICULTURE Office of the Chief Economist U. S. Department of Agriculture July 22, 2009Executive SummaryUSDA performed a preliminary economic analysis of...