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Agriculture in the box seat for a reduced emissions future
Emissions from cropping and grazing have fallen by 69 per cent over the past three decades, from about 300 million tonnes per year in 1990 to about 92 million tonnes today. The NFF today commended the Federal Government’s suite of climate change action measures that will help ensure farmers continue to be a leaders in the mitigation of climate change. Read more about an expansion of Australia's Emissions Reduction Fund, in the Briefing below.

Government announces an expansion of Emissions Reductions Fund

Energy & Emissions Reduction Minister, Angus Taylor today announced an expansion of the Emissions Reduction Fund (ERF) to help unlock further abatement across the economy

Minister Taylor announced the Government would prioritise method development in five key areas:

Soil carbon – storing carbon in agricultural soil by undertaking new land management practices and reducing costs of measuring soil carbon;
carbon capture and storage – capturing carbon dioxide and storing it underground in geological formations;
biomethane (green gas) – injecting refined biogases into gas pipelines for use by natural gas consumers;
plantation forestry – building on the existing method to include new opportunities; and
blue carbon – reintroducing tidal flows to restore mangroves and tidal marshes.

The methodologies are designed to support businesses in the manufacturing, industrial and land sectors to invest in low emissions technologies to unlock energy and emissions savings.

The Regulator will work with industry to co-design priority methods and will finalise these methods within 12 months. It will publicly report on method development progress.