fbpx Skip to main content

Western New South Wales farmers big winners in Australia’s first carbon abatement auction securing half the $660m funding

Western New South Wales farmers big winners in Australia’s first carbon abatement auction securing half the $660m funding

By Sarina Locke ABC Rural

Each farmer has their own story for why they need a market for their carbon.

“This one is the first project, ‘Horse Ridges station’, owned by a guy in his eighties,” explained James Schulz, environmental economist and founder of development consultancy Green Collar.

“He was on the verge of having to give up his farm.

“He had bowel cancer and a broken hip.

“He was about to hand over to sharecroppers and completely clear the entire property, and instead we got talking and he was willing to give us a chance, and it’s turned out quite well.”

Green Collar has worked with farmers in the western division of New South Wales for the past five years, developing native regeneration plans. 

Now 40 such farmers have won 10-year funding for the carbon they hold in their trees and soil for the next 100 years, in the first auction of the Emissions Reduction Fund.

To read the full article follow the link:


-This article was originally published on the ABC Rural website, 30 April 2015

Related Articles

19 Jun 2023

Reef Credits – 3 different approaches to meet different needs

When Reef Credits launched in 2020, there was just one way farmers and other land managers could get involved – by improving fertiliser management to reduce the flow of dissolved inorganic nitrogen to the Great Barrier Reef. Now, three years later, there are two new ways to get involved that suit a broader spectrum of farming operations.
19 Jun 2023

Reef Credits or Grants – carefully considering the best options for you

Environmental markets are not dissimilar to farming or commodity markets. The difference being, instead of food or fibre production, environmental markets measure and place a value on and trade in cleaner air, water or improved habitat and biodiversity.
13 Jun 2023

What are Reef Credits and how are they generated?

Being paid to implement best practice land management and deliver cleaner water to the Reef, without negatively impacting productivity may seem too good to be true. But according to GreenCollar Business Development Manager Bart Dryden, and the numerous farmers already running Reef Credit projects, it really is a win:win transaction that benefits both the farmer and the environment.
07 Mar 2023

The impact of fire on carbon projects

Rain, drought, flood and fire. All elements that impact how a property is run and require constant attention and management. And while good rainfall seasons are always welcome, the corresponding build-up of vegetation flows through to the need to manage fire risk as weather conditions turn.
07 Mar 2023

Does my land have carbon project potential? How to assess if carbon farming is right for you.

When considering a carbon project on your property, one of the most obvious questions is: does my land have carbon project potential? There are many obvious things to be considered,...
31 Jan 2023

The COP15 agreement on biodiversity – how has it been received?

The United Nations Biodiversity Conference, COP15, concluded in mid December in Montreal, Canada with an ambitious and historic global agreement among 196 of the almost 200 countries in attendance, though...