Australia's Policy for a Clean Energy Future, that started with a Carbon Tax of $23 a tonne and transitions to an Emissions Trading Scheme after 3 years. The plan had four pillars:
The plan also shows how the Australian Government was supporting Australian businesses, households, and communities to transition to a clean energy future. A carbon tax of $23 a tonne will be imposed on the 500 worst polluters with more than 50 percent of the funds being paid to the community to compensate for the increased cost of electricity and other costs. Fuel is exempt. The Australian Government has set targets of 5 percent below 2000 level by 2020 and 80 percent by 2050.
Australia aims to partially offset its emission by promoting schemed to increase the amount of carbon stored in vegetation and soils but has not set a target in terms of the increase amount of carbon it aims to store in this way. The current policy it based on delivering outputs and not on outcomes. It is akin to throwing money at the problem and hoping something will be achieved.
Carbon can be removed from the atmosphere and stored in vegetation.
Conservation tillage practices seek to minimise soil disturbance and improve organic matter, as well as providing productivity benefits for farmers.
The Government wants to ensure that farmers and land managers who use their skills, experience and knowledge of the land to lower carbon pollution are rewarded for their efforts.
An ongoing Biodiversity Fund ($946 million over the first six years) will be established for projects to protect biodiverse carbon stores and secure environmental outcomes from carbon farming.
Carbon pollution on the land can be reduced by initiatives like capturing emissions from livestock manure or changing the way soil is tilled so that less carbon is released into the atmosphere.
The Government has decided to exclude the agricultural and land sectors from the carbon price.
Farmers, forestry operators and other land managers will not pay a price for the carbon pollution from their activities.
An ongoing Carbon Farming Futures program 4429 million over the first six years) will help farmers and landholders benefit from carbon farming by supporting research and development, measurement approaches and action on the ground to reduce emissions or store carbon, including support for conservation tillage equipment.
What Australian Needs is a Soil Carbon Accounting System and an Outcome Based Policy
(What the Australian Government SHOULD do)
Proposed Strategy and Objective: To establish an Independent Carbon Farming Accounting and Management Authority and invest to increase the net amount of carbon sustainably stored in vegetation and soils on the continent of Australia to offset carbon emissions and help meet overall emission targets.
[Note this does not include subterranean carbon sequestration from burning coal etc.].
Proposed Outcome: To increase the net amount of carbon stored sustainably in vegetation and soils on the continent of Australia by 160 m tonnes per year by 2030 and 310 m tonnes by 2060 using investments from Australia and overseas. Note the amount are indicative but probably realistic.
As well an overall outcome Australia needs to establish outcomes for each of the components that can be used to store carbon, stop leakage and reduce emissions from livestock, farm practices, and land-fill waste. Note: Agricultural carbon is not included in the carbon tax and is unlikely to be included in the ETS for the time being.
Sub-Outcomes |
Percent |
Soil Carbon and Soil Management |
15 |
Forests |
25 |
Farm Management |
10 |
Revegetation |
25 |
Livestock and Farm animals |
5 |
Burning Regimes |
5 |
Reducing Leakage / Grave Yarding |
10 |
Urban Waste Management |
5 |
TOTAL |
100 |
Outcome 160 m tonnes per year stored by 2030, 310 m tonnes by 2060 (5% and 10%) |
Sub-Outcomes (What Should be Done)
Carbon Farming Accounting and Management Authority
Establishment of the Carbon Farming Accounting and Management Authority, that would monitor the net carbon account for vegetation and soils on the continent of Australia. This would be used to instantaneously track the amount of carbon stored. This authority would set the outcomes for the various components, invest in outputs and monitor the total carbon balance to ensure the annual targets are being met to achieve the outcomes. The authority would also manage the investments from the Australia Government and overseas sources and conduct audits to guarantee outcomes and manage credits. Payments would be made for each tonne of carbon which is stored or for the area of land set aside for sustainably storing carbon, or emission reduced through farming and land management. An ongoing Carbon Farming Futures R&D program will provide research and development. The feasibility of a farming carbon trading market would be examined using an auction or Ebay system where buyers could bid for carbon storage offers from private property owners and other land managers as part of an emissions trading scheme. Australia has the potential to attract huge investments from overseas polluters wanting to offset their carbon emissions.
Soil Carbon Storage and Soil Management
To increase the net amount of carbon stored in soils by 15% of the overall outcome.
Outputs
Forests
To increase the net amount of carbon stored in forests by 25% of the overall outcome
Outputs
Farm Management
To increase the net amount of carbon stored in vegetation and soils by changing farm management practices and increase storage by 10% of the overall outcome
Outputs
Revegetation (Public, Indigenous and Private Land)
To increase the net amount of carbon stored through revegetation on private land by 15% of the overall outcome and public land by 10%.
Outputs
Livestock and Farm animals
To decrease the amount of methane released by domestic animals by 5% of carbon equivalents of the overall outcome.
Outputs
Burning Regimes
To decrease the amount of carbon released via burning regimes by 5% of the overall outcome.
Outputs
Reducing Leakage and Increase Carbon Grave Yarding
To decrease the amount of carbon released via leakage by 10% of the overall outcome. Increase the grave yarding of carbon.
Outputs
Urban Waste Management
To decrease the amount of methane released from urban landfill waste by 5% of the overall outcome.
Outputs
Conclusion:
Australia needs a policy based a Carbon Accounting System and a set of OUTPUTS as goals for long-term NET storage of carbon in soils and vegetation.