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ARTICLE · 04 APRIL 2011

The Carbon Farming Initiative bills introduced into Parliament

The bills to create the Gillard Government's promised national Carbon Farming Initiative (CFI) have been introduced into Federal Parliament, a development that may be relevant to businesses who have participated in previous greenhouse gas reduction schemes, are interested in generating and dealing in carbon offsets, offsetting land-based carbon emissions, green marketing or are likely to be exposed to a carbon price.

AustraliaEnvironment

The bills to create the Gillard Government's promised national Carbon Farming Initiative (CFI) have been introduced into Federal Parliament, a development that may be relevant to businesses who have participated in previous greenhouse gas reduction schemes, are interested in generating and dealing in carbon offsets, offsetting land-based carbon emissions, green marketing or are likely to be exposed to a carbon price.

The timetable for commencement of the Carbon Credits (Carbon Farming Initiative) Bill 2011, Carbon Credits (Consequential Amendments) Bill 2011 and the Australian National Registry of Emissions Units Bill 2011 is July 2011.

How does the carbon farming scheme work?

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