Friday, November 04, 2011

Recommendation on Permanence

It is recommended that various periods be included in Regulations attached to the Carbon Credits (Carbon Farming Initiative) Act 2011. These ‘other periods’ should include 5 years, 10 years, 15 years, 20 years, 25 years, and five year periods up to 55 years. The choice of a period should be justified on the basis of a demonstrable connection between the period and a function directly related to the objectives of the Program: mitigation, abatement, restoration, etc.

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