Carbon income opportunities for cattle producers
26 February 2016
Industry leaders, producers and stakeholders were brought up-to-date on the challenges and opportunities presented by the Emissions Reduction Fund by Dr Tom Davison, MLA's Project Manager for the Sustainable Feedbase at a recent MLA Beef Industry Breakfast.
Tom's key points included:
- There are opportunities for livestock enterprises to increase productivity while making additional income from lowering emissions. Those with the lowest productivity currently, potentially have the most to gain.
- Livestock producers were successful in securing around $600 million in contracts in the first two reversed auctions of the Emissions Reduction Fund for projects such as controlled human induced regeneration, savannah burning, avoided deforestation and soil carbon sequestration.
- More Emissions Reduction Fund approved methods for emissions abatement were likely to come on line offering opportunities for beef and sheep enterprises, either individually or through aggregation.
Following the Breakfast, Tom was interviewed by ABC Country Hour’s Robin McConchie. Listen to the interview -
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