Should farmers sign up for carbon sequestration?
Carbon sequestration is becoming a hot topic in the ag industry, with the value of an ACCU, or Australian Carbon Credit Unit forecast to soar, according to a recent report by National Australia Bank.
That could be a handy addition to a farmer’s bottom line but the industry is still in its infancy, with new players emerging all the time, and a confusing barrage of information about how the rules works.
Matt Egerton-Warburton is a partner at Gadens Law firm in Sydney and a director of the Mulloon Institute and is worried will the wild west nature of the carbon sequestration market see farmers locked in to lopsided contracts.
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