Carbon Farming Initiative offers landholders revenue opportunities

The Carbon Farming Initiative (CFI) will provide opportunities for landholders to generate tradeable carbon credits from carbon abatement and sequestration activities. But while landholders across Australian industrial sectors potentially stand to offset their liabilities or generate extra revenue by participating in the CFI, a legal expert cautions that compliance costs will be high and that further clarification is needed to be sure that environmental rehabilitation plans for closing mines are eligible for participation in the scheme.