This chapter takes a broad look at the policy context for carbon farming explains the factors that will determine the price of ACCUs in the short and long terms. The chapter sets out:
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recent prices in carbon markets
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international policy responses to the climate change challenge
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the generally agreed evidence on climate change, its causes and possible solutions
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Australia's policy response
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the factors that will determine the price of ACCUs.
After reading this chapter, you will:
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have an overview of the range of carbon prices that has emerged in international markets
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understand Australia's targets for reducing emissions
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have an overview of international efforts to reduce greenhouse gas emissions
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know the background of the policy instruments in place in Australia
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understand the factors that will determine the price of ACCUs in Australia.
Explore the full Workshop Manual: The business case for carbon farming: improving your farm’s sustainability (January 2021)
Read the report
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1. Introduction: background to the business case
This chapter lays out the basic background and groundwork of the manual
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1.2 Being clear about the reasons for participating
Introduction: background to the business case
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1.4 Working through the business case for carbon farming
Introduction: background to the business case
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1.5 Factors determining project economics
Introduction: background to the business case
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1.8 Important features of the business case
Introduction: background to the business case
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2. How carbon is farmed under the ERF
This chapter considers in detail the activities that constitute carbon farming
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2.5 Carbon farming under the Emissions Reduction Fund
How carbon is farmed under the ERF
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3. The policy context and the price of ACCUs
This chapter takes a broad look at the policy context for carbon farming
