Are Australia’s carbon farming schemes just hot air? Hardly – forests are regrowing almost everywhere
Trees take carbon dioxide from the air and turn it into wood, storing it for decades. This is why Australian authorities have made forest regeneration eligible for carbon credits. The largest carbon farming scheme is known as human-induced regeneration . Here, land owners and managers support forests to return on once-forested land. Every tonne of carbon dioxide soaked up by regrowing trees is worth one Australian carbon credit, about A$37.50. The scheme has around 42 million
Australia's carbon farming initiatives, particularly human-induced regeneration, are proving effective in re-establishing forests on degraded land. These projects involve landowners managing land to encourage natural forest regrowth, with carbon credits issued for sequestered carbon dioxide. Despite some criticisms regarding the extent of regeneration and its inevitability, independent reviews suggest these concerns are largely unfounded. Projects are rigorously assessed and audited to ensure forests are indeed returning and sequestering carbon.
These schemes are crucial for Australia's climate change mitigation efforts, demonstrating a viable mechanism for both environmental restoration and economic incentive through carbon credits.
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