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Australia: Doubts over benefits from carbon farming credits

2014-06-15 23:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Australian Broadcasting Corporation: The Federal Government claims farmers will be the big winners out of its Direct Action Policy, as they stand to directly benefit from the Emissions Reduction Fund. It's set aside $2.55 billion for the Fund, which farmers are encouraged to apply to for carbon farming projects like tree planting, innovative cropping, and capturing methane from effluent ponds. But experts say the lower price for carbon, after the Carbon Tax is abolished, simply won't be worth farmers' efforts. In analysis the...

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