Both sides MIA on plan for agriculture and climate change: NFF
"From Australia’s next Parliament we’re seeking support to help agriculture go further. We want to transform the treatment of agriculture and its intersection with biodiversity protection and enhancement and further develop the developing natural capital sector" : NFF President, Fiona Simson. The NFF wants a commitment from both sides of politics for a minimum $2 billion fund to reward land managers who improve the health of their landscape.
A new era for farm forestry: Toole and Saunders
The NSW Government is introducing new Farm Forestry Codes of Practice that will ensure long-term sustainability for the industry and provide robust environmental protections across the NSW private forestry estate. The new Codes, which come into effect on Monday, 2 May 2022, are the result of a rigorous review of Farm Forestry in NSW as well as advice from the Natural Resource Commission.
Branching out into farm forestry: Duniam
Assistant Minister for Forestry and Fisheries Jonno Duniam said the Farm Forestry: Growing Together strategy recognises the opportunities presented by farm forestry for both farmers and Australia’s forest industries. "We're seeing an increasing demand for timber products, as well as the development of new carbon markets that reward farmers for planting trees,” Assistant Minister Duniam said.
Wheatbelt farmers diversify with carbon farming
INPEX, ANZ and Qantas have signed a Memorandum of Understanding to explore the possibility of carbon farming and renewable biofuels projects in WA’s Wheatbelt. The Western Australian government is currently backing several carbon farming and regenerative agriculture projects across the state, with the hopes of helping the agriculture sector adapt farming systems to an environment facing the climate crisis, while boosting the future viability of such businesses.
New trial explores almond orchard recycling in Australia
Scientists are working with a Victorian almond grower to trial an orchard redevelopment practice that is reducing the industry’s carbon footprint in the United States. ‘Whole Orchard Recycling’ involves chipping trees and incorporating them into the orchard soil prior to planting new trees. It replaces the traditional practice of burning the trees once they have been removed from the orchard.
Carbon credit profits as primary production income – Carbon Count CEO Phil Mulvey’s view
"The latest government announcement about primary producers being able to claim their carbon credit profits as part of their primary production income looks positive indeed. What is important to understand however is that this development, whilst positive, is only benefiting those primary producers that have already started a carbon farming project and are soon ready to sell. What this development doesn't doesn't do is incentivise farmers to take up a carbon project in the first place; the key issue we need to overcome to meet our netzero2050 targets. What we need most now are governmental incentives that mitigate the financial barriers of entry for farmers and enable them to get started fast": Phil Mulvey.
NFF backs changes to recognise carbon credits as farm income
The National Farmers' Federation has praised Federal Government changes to see Australian Carbon Credit Units (ACCUs) and biodiversity credits treated as farm income ... NFF Chief Executive Tony Mahar said the change was due recognition that income related to carbon and biodiversity were part of the farm business. It is also consistent with policy analysis the NFF has progressed under the Australian Agriculture Sustainability Framework (AASF) project.
Tax changes for farmers to bolster land stewardship: Littleproud, Taylor, Sukkar
The Morrison Government will apply concessional tax treatment to primary producers that generate revenue from the sale of Australian Carbon Credit Units (ACCUs) and biodiversity certificates. This will encourage carbon abatement activities and help Australia deliver on its net zero emissions target by 2050.
Ocean-based Carbon Markets Australia and New Zealand – webinar, 28 March 2022
Researchers, Investors, Project Developers and industry participants all play an important role to scale up ocean carbon project development that will bring new innovation to enable large scale emissions reduction, plus many co-benefits such as biodiversity and jobs.
Murdoch son-in-law buys cattle station with carbon potential
Rupert Murdoch’s son-in-law and former News Corp executive Alasdair MacLeod has emerged as the buyer Paradise Creek Station in Inverell, intending to take advantage of its carbon sequestration potential ... MacLeod’s Wilmot Cattle Company breeds beef cattle while also sequestering carbon in the soil at its properties. It sold $500,000 in soil carbon credits to Microsoft last year.
