"CFI will survive a change of government"

"It may be that the CFI becomes the only surviving outcome of the Gillard government’s efforts to reduce carbon dioxide emissions," according to Business Spectator. "If the government’s carbon tax legislation gets through parliament, the Opposition has committed to repeal or substantially modify it if it wins the next election, as appears very likely. On the other hand the Carbon Farming Initiative, which is already through, will probably survive... Rather than repeal the legislation, [the Opposition] has indicated it will try to improve it. The concept also has support in farming circles, including the National Farmers’ Federation."