Cheque’s in the mail for car­bon se­ques­tra­tion

Warwick Daily News - South West Queensland Rural Weekly - - Top 5 Topics -

CEN­TRAL west farm­ers have this month re­ceived their final cheques from Aus­tralia’s first soil car­bon se­ques­tra­tion pi­lot project to ex­plore the use of a mar­ket-based scheme.

NSW Depart­ment of Pri­mary In­dus­tries (DPI) cli­mate unit direc­tor, Ja­son Crean, said the five-year project ex­ceeded ini­tial pro­jec­tions of stored soil car­bon lev­els by

27 per cent.

“The Catch­ment Ac­tion Mar­ket Based In­stru­ment (CAMBI) project de­liv­ered an av­er­age of 2.66 tonnes of car­bon (CO2-e) per hectare, per year across the project area,” Dr Crean said.

“In ex­plor­ing soil car­bon as a sink for the mit­i­ga­tion of cli­mate change and as part of Aus­tralia’s green­house re­sponse, CAMBI se­questered 9951 tonnes of CO2-e.

“Ini­ti­ated in 2009, a team of pol­icy-mak­ers, econ­o­mists and sci­en­tists asked a key ques­tion: Could we im­ple­ment a soil car­bon trad­ing sys­tem, if gov­ern­ment im­ple­mented this as pol­icy?

“CAMBI con­firmed that in the right con­di­tions land­hold­ers can achieve a sub­stan­tial rate of soil car­bon se­ques­tra­tion.”

Ex­tra ben­e­fits from in­creased soil car­bon con­tent in­clude im­proved mois­ture re­ten­tion rates, ground­cover, an­i­mal health and pro­duc­tion.

PHOTO: CON­TRIB­UTED

CAR­BON FARM­ING: Lach­lan CMA’s An­gus Arnott and NSW DPI re­searcher Dr War­wick Badgery.

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