Workshop Manual: The business case for carbon farming: improving your farm’s sustainability (January 2021)

2.1 The scope of carbon farming under the ERF

How carbon is farmed under the ERF

The business case for carbon farming: improving your farm’s sustainability

Explore the full Workshop Manual: The business case for carbon farming: improving your farm’s sustainability (January 2021)

 
Table 2.1 summarises the current scope of carbon farming under the ERF. The ERF divides carbon farming into two broad types of activities: emissions avoidance (reduction or elimination) activities and sequestration activities. 
 
 
Table 2.1: The current scope of carbon farming in Australia
 
 
Category 
Description
 
 
Agricultural emissions
avoidance projects
Avoid emissions of:
  • methane from the digestive tracts of livestock or from rice fields or rice plants
  • methane or nitrous oxide from the:
    • decomposition of livestock urine or dung
    • burning of savannas or grassland
    • burning of crop stubble in fields, crop residues in fields or sugarcane before harvest
    • soil
 
 
Introduced animal
emissions avoidance projects
Avoid emissions of:
  • methane from the digestive tracts of introduced animals
  • methane or nitrous oxide from the decomposition of introduced animals' urine or dung
 
 
Sequestration offsets
projects
Remove CO2 from the atmosphere by:
  • storing carbon in living biomass, dead organic matter or soil
  • storing carbon in, and avoiding emissions of greenhouse gases from, living biomass, dead organic matter or soil
 
 
Note: Under the current CFI legislation, carbon farming also includes emissions avoidance from legacy landfill facilities. While formally included under the CFI, this is not relevant to farmers and so is not covered in this manual.

Source: Clean Energy Regulator
 
  

 

 

Explore the full Workshop Manual: The business case for carbon farming: improving your farm’s sustainability (January 2021)

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RESEARCH REPORTS

1. Introduction: background to the business case

This chapter lays out the basic background and groundwork of the manual

RESEARCH REPORTS

1.1 Overview

Introduction: background to the business case

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1.2 Being clear about the reasons for participating

Introduction: background to the business case

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1.3 Key steps in a decision process

Introduction: background to the business case

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1.4 Working through the business case for carbon farming

Introduction: background to the business case

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1.5 Factors determining project economics

Introduction: background to the business case

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1.6 Elements of the business case

Introduction: background to the business case

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1.7 Building an economic case

Introduction: background to the business case

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1.8 Important features of the business case

Introduction: background to the business case

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1.9 The plan of this manual

Introduction: background to the business case

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2. How carbon is farmed under the ERF

This chapter considers in detail the activities that constitute carbon farming

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2.1 The scope of carbon farming under the ERF

How carbon is farmed under the ERF

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2.2 Emissions avoidance activities

How carbon is farmed under the ERF

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2.3 Sequestration activities

How carbon is farmed under the ERF

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2.4 The negative list

How carbon is farmed under the ERF

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2.5 Carbon farming under the Emissions Reduction Fund

How carbon is farmed under the ERF

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2.6 Who's who in the CFI and the ERF

How carbon is farmed under the ERF

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3. The policy context and the price of ACCUs

This chapter takes a broad look at the policy context for carbon farming

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3.1 The policy context

The policy context and the price of ACCUs

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3.2 A documented climate challenge…

The policy context and the price of ACCUs

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3.3 … with numerous policy responses

The policy context and the price of ACCUs

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