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

3.1 The policy context

The policy context and the price of ACCUs

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)

 
Just like the price of any product, the price of ACCUs will ultimately be determined by demand and supply. But perhaps more than for any other product, the ways in which demand and supply develop will be influenced, and in some cases determined, by the overall policy context for carbon farming and greenhouse gas abatement in general.
Put another way, the demand for ACCUs arises from policy actions taken in Australia and overseas. Ultimately, those policy actions stem from a common understanding of climate science. The bottom line is that carbon emissions, or ACCUs, have a value when someone in the economy has a reason to pay for abatement.
This can occur voluntarily when the reason is based on personal commitment or corporate ethics. It can occur as a result of regulatory obligation (for example, under an emissions trading scheme). Alternatively, the government may have a reason to purchase the abatement directly.

 

 

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

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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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