Thursday, January 06, 2011

Government releases Carbon Farming Initiative detail


The Gillard Labor Government has announced another major step towards establishing the Carbon Farming Initiative, a carbon offsets scheme that will provide new economic opportunities for farmers, forest growers and landholders and help the environment by reducing carbon pollution.

The Minister for Climate Change and Energy Efficiency, Greg Combet, said the government was releasing draft legislation and methodology guidelines for the scheme.

“While there is still work to be done, the government is making these early drafts available now to give stakeholders more information on how the proposals described in the consultation paper released last November would work in

released early in 2011 for consultation with Indigenous communities and other stakeholders.

Mr Combet said the government welcomed stakeholder feedback on the details of the scheme. Feedback will help prepare final legislation and guidelines following closure of the consultation paper submission period on 21 January 2011.

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