Last chance for carbon farm funds
WA pastoralists have until tomorrow to tap into a Federal Governmentbacked fund to develop carbon farming projects.
Applications for the eighth national Emissions Reduction Fund auction close tomorrow, with WA Agricultural Minister Alannah MacTiernan urging the State’s pastoralists to take advantage of the latest round.
Ms MacTiernan said the funding could allow successful applicants to focus on grazing strategies to promote native vegetation regeneration while reducing carbon dioxide levels.
“Carbon farming provides a real prospect that depleted rangelands soil and vegetation can be turned around and productivity restored,” she said.
The ERF is an emissions offsets scheme which includes the Federal Government purchasing of emission reductions.
In June, the Clean Energy Regulator revealed 15 WA pastoralists’ projects were successful in securing $47.5 million from the fund’s seventh round. It followed Ms MacTiernan announcement in April that the McGowan Government would support a number of pilot sequestration offset projects by pastoralists.
Ms MacTiernan said the latest round of funding would promote the State’s carbon farming opportunities.
“Western Australian pastoralists successfully registered for more than $45 million worth of carbon farming projects in the seventh carbon abatement auction,” she said.
“This upcoming auction provides similar opportunity for WA pastoralists to secure WA’s share and put forward their projects for consideration.”
Lands Minister Rita Saffioti echoed Ms MacTiernan and said WA had relatively untapped carbon farming potential.
“The State, as the land owner, is continuing its work to consider eligible projects, after which a final determination will be made on the provision of interest holder consent,” she said.
Carbon farming provides a real prospect that ... soil ... can be turned around Alannah MacTiernan