Growing green: navigating the path to net zero in agribusiness

So far, only the largest polluters in the private sector are subject to carbon emission regulation under the Climate Change Act 2022. However, with pressure mounting to extend the reach of the legislation in order to achieve 'net zero' carbon emissions by 2050, it is only a matter of time before other businesses – including agribusiness – will be required to take further action.

Which Australian businesses are currently subject to carbon emission regulation?

Currently, only private sector facilities producing more than 100,000 tonnes of carbon dioxide equivalent emissions per year are subject to an emission cap at a level set by the Clean Energy Regulator. But these thresholds – both in relation to the level of emissions that trigger regulation and the cap itself – are likely to be lowered, with groups such as the Business Council of Australia supporting the move. Even without a net zero mandate, market forces are influencing a shift towards lower