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Thanks for sending through the latest newsletter, following the course in Young I am now much more aware of the situation surrounding carbon and the role farmers may play. 


March 2010

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Direct Action Webinars

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Now is the time to learn more about Direct Action and how you could win a piece of the Emissions Reduction Fund at the next auction round!

All Governments, whether here in Australia, or overseas, have now recognized that the level of Carbon Dioxide in the air is affecting the climate, and that for the most part this is due to human activity. 

It is an issue which means that no matter what persuasion a Government is, Liberal or Labour, we have both domestic and International obligations to help clean up this air pollution. 

The current Abbott Government has a ‘target’ of reducing Australia’s emissions by 5% over 2000 levels by 2020. This policy is called ‘Direct Action’. 

There will be further reductions announced for the ‘post 2020’ targets as a 5% reduction will NOT fix the problem, or fulfill our International obligations. 

The Emissions Reduction Fund (ERF) is the $2.55 billion fund the Government has set up to pay ‘project developers’ to reduce these emissions. 

Project Developers can be individuals, companies, groups or other organisations. Each project must follow an approved ‘method’ to be able to claim ‘carbon credits’. 

The Land Sector has a number of approved methods which they can follow to be able to claim carbon credits and bid them into the ERF for sale to the Government. 

The first round of the ERF was held in April. $660 Million was spent, and the Government bought 47 Million Tonnes of carbon at a weighted average price of $13.95. 

$250 Million of this money went to Farmers in Western NSW who are mainly protecting native forest from being cleared.

NOW the Next Round of the ERF has been announced. 

Could YOU put in a project and win a Government contract for 5 – 10 years, at a known price? 

To find out, just call Louisa Kiely on (02) 6374 0329 or email louisa@carbonfarmersofaustralia.com.au

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