Tuesday, April 18, 2006
Australian State governments go it alone
The States and territories of Australia have formed the "National Emissions Trading Taskforce" which "could in future link Australia to international carbon markets". The European Union has an emissions trading scheme. But Australia and the US refuse to put businesses at risk by imposing on them to real cost of their business activity.
SO the State and Territory Governments established a Taskforce to develop a multi-jurisdictional emissions trading scheme, in the absence of national leadership on greenhouse policy.
In September 2005 the Taskforce released The Background Paper for Stakeholder Consultation into Emissions Trading, submissions were invited by 11 November 2005.Access the Emissions Trading Submissions here
Soil carbon got a seat at the table, although Forests are accepted as sacrosanct, despite their failures. The Background Paper for the Stakeholder Consultation in September 2005 included the following reference to soil carbon:
"Substantial opportunities exist to offset emissions through managing carbon sinks in vegetation (other than Article 3.3 Forests) and in agriculture. For example, very large amounts of carbon could be stored in increased rangeland vegetation. If emissions trading provided an incentive for such management changes, there could be considerable additional benefits for biodiversity, soil and land management. Article 3.4 of the Kyoto Protocol allows for accounting and trading in these areass in the second and subsequent Kyoto committment periods."
SO the State and Territory Governments established a Taskforce to develop a multi-jurisdictional emissions trading scheme, in the absence of national leadership on greenhouse policy.
In September 2005 the Taskforce released The Background Paper for Stakeholder Consultation into Emissions Trading, submissions were invited by 11 November 2005.Access the Emissions Trading Submissions here
Soil carbon got a seat at the table, although Forests are accepted as sacrosanct, despite their failures. The Background Paper for the Stakeholder Consultation in September 2005 included the following reference to soil carbon:
"Substantial opportunities exist to offset emissions through managing carbon sinks in vegetation (other than Article 3.3 Forests) and in agriculture. For example, very large amounts of carbon could be stored in increased rangeland vegetation. If emissions trading provided an incentive for such management changes, there could be considerable additional benefits for biodiversity, soil and land management. Article 3.4 of the Kyoto Protocol allows for accounting and trading in these areass in the second and subsequent Kyoto committment periods."
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