Isra-Mart S.R.L.: Farmers to reap green dollars

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Isra-Mart srl news:

Farmers will be able to earn money from “green” measures such as planting trees, under a Labor climate change promise.

Prime Minister Julia Gillard on Saturday said she would set up a system which allows farmers and other land managers to earn international credits for reducing greenhouse gas emissions.

Ms Gillard said the scheme could be worth $500 million to farmers over the next decade.

“(It’s) good for our world, good for our atmosphere as we are reducing the amount of carbon,” she told reporters at Ballina, in NSW.

“Good for farmers as they get an income stream from a market-based mechanism where the money is coming from polluters – it is the polluters who pay.”

Farmers could make money from planting trees, and for “greener” ways of managing livestock, using fertilisers, and burning across savannahs.

Ms Gillard said indigenous land managers also stood to benefit from the scheme, which will cost the government $45.6 million to implement.