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Tractor spraying bean crop with fungacide.

Australia faces significant opportunities to reduce carbon pollution and increase the amount of carbon stored on the land. Action on the land is the fourth element in the Clean Energy Future Plan.



Questions Answered


Q. What role does agriculture play in a clean energy future?

A.

The Carbon Farming Initiative will provide economic rewards for farmers and landholders who take steps to reduce carbon pollution by creating credits for each tonne of carbon pollution which is stored or reduced on the land.

Find more questions about: Business , Economy , Land , Regional

Q. What is the Government’s new long-term greenhouse gas reduction target?

A.

The Government’s long-term target for carbon pollution reduction has been raised from 60 per cent to 80 per cent below 2000 levels by 2050.

Find more questions about: Business , Carbon Price , Economy , Energy Efficiency , General , Household / Family , Land , Regional , Renewable Energy , What Others Are Doing , Why We Need To Act



Boosting support for farmers and landholders

Farmers

Boosting wider land action

The Government will purchase carbon credits through the Carbon Farming Initiative non-Kyoto Carbon Fund. This $250 million program over six years will create incentives to undertake land-based action such as the storing of soil carbon, revegetation and forest conservation.

Credits from these projects can also be sold to companies wanting to offset their carbon pollution to meet voluntary commitments to carbon neutrality.

Australia will continue working to develop new international rules that recognise a wider range of action to reduce pollution on the land. In future, this may allow landholders to sell credits from a wider variety of projects to companies with obligations under the carbon price.

Farmers and landholders have an important a role to play in reducing carbon pollution as governments, households and the wider business community.

Carbon Farming Initiative

The Carbon Farming Initiative will provide new economic rewards for farmers and landholders that take steps to reduce carbon pollution. It will do this by creating credits for each tonne of carbon pollution which can be stored or reduced on the land. These credits can then be sold to other businesses wanting to offset their own carbon pollution.

The Carbon Farming Initiative will create a new income stream for farmers, new jobs for rural and regional Australia and provide strong incentives to identify and implement low-cost methods of pollution reduction.

Carbon farming projects can increase resilience to the impacts of climate change, protect our natural environment, and increase farm profitability and food production. Increasing carbon storage in agricultural soils improves soil health and productivity. Revegetation will help restore degraded landscapes, provide biodiversity habitats and corridors, and help to address salinity, protect livestock and reduce erosion.

For more information see Chapter 9 – Creating opportunities on the land or download the Carbon Farming Initiative factsheet.

For further information about the Australian Government’s plan for the land see:

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