Tuesday, January 5, 2010

Isramart : Opposition wants money for carbon soil

Isramart news:
The Federal Opposition says that using soil carbon to reduce Australia's emissions could see $1.5 billion flow back to rural Australia.

Opposition spokesman on Climate Action, Greg Hunt says that if farmers were paid to improve their soil, it could increase farm productivity and water efficiency.

He says soil carbon is one of three main parts of the Opposition's alternative plan to reduce Australia's emissions.

"We believe that we can easily obtain through incentives rather than penalties for farmers a soil carbon uptake," he says.

"As well as other forms of revegetation of 150 million tonnes per annum by 2020, if that's $10 a tonne for farmers, that's a $1.5 billion flow to rural Australia."