Money can grown on trees

Carbon farming is a potential new source of cash flow.

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31st July, 2010

Of all the complaints about the emissions trading scheme (ETS), those from Federated Farmers have been the most strident. Which is odd, given that farmers are in a better position than most to benefit from it. Aside from the fact that farm animal emissions are excluded until at least 2015, the ETS has opened up a whole new revenue stream for farmers - carbon farming. Picture this: large pockets of marginal farmland are closed off to sheep and cattle; rabbits and other pests are kept at bay; mixed stands of cedar, douglas fir and eucalypt are planted, and other areas are left to revert ...

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