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ARTICLE · 14 SEPTEMBER 2011

The Carbon Farming Initiative is legislated

Norton Rose Fulbright Australia
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Three Bills passed by Federal Parliament for implementation of the Carbon Farming Initiative.

AustraliaEnergy and Natural Resources
Elisa De Wit
Elisa De Wit
Damon Jones
Damon Jones
Florence Riviere
Florence Riviere
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On 23 August 2011 the Federal Parliament passed the legislation required to implement the Carbon Farming Initiative (CFI). The CFI is a carbon offset scheme designed to allow abatement activities from the land sector to generate carbon credits which can be used in the domestic and international compliance and voluntary carbon markets. For details of the CFI, please refer to our previous legal updates:

The following three Bills were passed:

  • The Carbon Credits (Farming Initiative) Bill 2011 (CFI Bill)
  • The Carbon Credits (Consequential Amendments) Bill 2011
  • The Australian National Registry of Emissions Units Bill 2011.

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