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The Carbon Farming Initiative paper


The Carbon Farming Initiative, which forms part of the government’s Clean Energy Future package, provides income-producing opportunities for the land sector. Projects in the forestry, agricultural and landfill sectors have the ability to generate carbon credits, which can then be sold to entities which have a carbon price liability.

This paper provides an overview of those opportunities and will explain:

  • the types of activities that can participate
  • the types of credits that can be generated
  • the types of markets into which the credits can be sold.

The paper also covers the taxation implications arising out of project activity.

Author profile:

Elisa De Wit
Elisa is Head of Climate Change and a Partner in the Melbourne office of Norton Rose Australia where she is the Leader of the Norton Rose Australia climate change practice. Elisa has practised in three Australian jurisdictions and the United Kingdom. She has a detailed understanding of all elements of the government’s clean energy package, including the carbon pricing mechanism and the carbon farming initiative, and has also provided extensive advice on the National Greenhouse and Energy Reporting System. Elisa’s climate change practice also includes advising on climate change-related litigation. She is a regular presenter, author and editor of articles and newsletters on climate change and emissions trading. Elisa has been named as a “leading lawyer” in the Australasian Legal Business Guide for Environmental Law, a “leading” environment and planning lawyer in Doyle’s Guide • Australia’s Leading Planning and Environment Lawyers and is a “recommended” lawyer for climate change in PLC Which Lawyer? Elisa was named as “2011 Climate Change Lawyer of the Year in Australia” in the 2011 Legal Awards conducted by Corporate INTL Magazine and was recognised in Best Lawyers 2012 for climate change. Current at 14 November 2012

This was presented at 2012 Tasmanian State Convention.

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