Will The Government Steal $12 billion From Australian Farmers?
The Garnaut Inquiry Final Report estimates that Australian soils can sequester conservatively, 600 million tonnes of CO2e pa. At $20/tonne, that is a $12 billion incentive for Australian farmers to change their land management and adopt carbon farming. That money can save rural communities; it can save family farming; it can save rural landscapes and restore soils. And, as Garnaut sees it paid for between 25-50 years, it can help Agriculture prepare for and even prosper in the dryer, hotter future we are assured is coming. Or - as it did with the Native Vegetation Laws - will the Government 'nationalise' the soil carbon to pay its Kyoto bills? Who owns the carbon in the soil?
The Best Election Outcome for Soil Carbon
Congratulations to everyone who voted in the 2010 Federal Election. Your vote delivered the perfect outcome for the Soil Carbon Solution: a hung parliament with regional independents holding the balance of power in the House of Reps and the Greens holding the balance in the Senate. Sustainable, regenerative agriculture moves up from 'Nice To Have' to "Need To Have". The Carbon Coalition has links with two of the three original independents; The Greens have an understanding of the soil carbon issues; and both the major parties have a soil carbon policy. The intensity of the opportunity just increased 10-fold. So the stars are aligning. Congratulations, Voter. You always get it right.