Will a carbon price change private farm forestry in Australia

Rural industries are not yet included in the proposed Australian federal government Carbon Tax. During the interim before the Emissions Trading Scheme is introduced, farms have an opportunity to either earn money through selling Carbon Credits or at least reduce the impact an ETS will have on their on-going farm costs when it is introduced. This exploratory paper looks at the proposed Carbon Tax and how a farm may generate income from this proposal.Information has been sourced from Government bodies; industry interest groups; and interviews with peak body representatives. The paper seeks to provide farmers with a framework to explore the viability of Carbon Sinks on their enterprise by exploring a case study of a grazing property in South-east Queensland.