Carbon Farming Initiative administrator opens
The Federal Government has officially opened the Carbon Farming Initiative Administrator, forming part of the Federal Government’s Clean Energy Future plan.
“With the key regulations now in place, the Carbon Farming Initiative will provide new economic opportunities across rural Australia, better prepares landholders for the impacts of climate change, and supports productivity and innovation,” Mr Combet said.
The Government has also announced the following regulation:
- the Australian National Registry of Emission Units which will support both the Carbon Farming Initiative and the carbon pricing mechanism;
- An initial list of activities which will be eligible under the CFI once technical methodologies are developed;
- the protections against adverse impacts on water resources, biodiversity and local communities; and
- application requirements to open registry accounts and become a recognised offset entity.
“Opportunities under the Carbon Farming Initiative methodologies include the recently released reduced methane emissions from piggeries methodology, which provides guidance for piggery operators in Australia to measure and report abatement from the collection and combustion of methane,” Parliamentary Secretary for Climate Change Mark Dreyfus said.