The carbon farming initiative - brown gold or fools gold?

By Comment by Mark Siebentritt
Updated December 22 2015 - 6:04pm, first published September 10 2012 - 3:30am

The carbon price started on 1 July and provided the sky doesn’t fall in any time soon, farmers will have the opportunity to engage with the new carbon economy through the Carbon Farming Initiative. The CFI provides farmers a chance to generate carbon offsets (known as Australian Carbon Credit Units) for sale to the country’s biggest emitters of greenhouse gases. But is this new stream of potential income “brown gold” or will it turn out to be nothing more than Fool’s Gold?

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