The Australian Government's Clean Energy Future plan sets out a long-term plan to reshape the Australian economy, cut carbon pollution, drive innovation and investment in new clean energy sources such as solar, gas and wind. This includes:
- introducing a carbon price
- promoting innovation and investment in renewable energy
- encouraging energy efficiency
- creating opportunities in the land sector to cut carbon.
Land Sector Package
Land managers have a vitally important role to play in reducing carbon pollution. Through the $1.7 billion Land Sector Package, Australian land managers will have new opportunities to reduce carbon pollution and increase the amount of carbon stored on the land.
The Department of Sustainability, Environment, Water, Population and Communities is responsible for rolling out the following Land Sector Package measures:
- $946m over six years. Supporting land managers to store carbon, enhance biodiversity and increase resilience across the Australian landscape.
- More about the Biodiversity Fund
Indigenous Carbon Farming Fund
- $22.3m over five years. Provides assistance to Indigenous Australians to participate in the carbon market.
- More about the Indigenous Carbon Farming fund
Regional NRM Planning for Climate Change Fund
- $43.9m over five years to support the 54 regional natural resource management (NRM) organisations to revise existing regional NRM plans to help identify where in the landscape biodiversity plantings and carbon abatement activities should be undertaken, and utilise climate change impact information and scenarios to guide land use planning.
- More about Regional NRM Planning for Climate Change Fund
Land Sector Carbon and Biodiversity Board
- $4.4m over six years - provides independent advice to Government about implementation of the Land Sector Package
- More about the Land Sector Carbon and Biodiversity Board
Under the Australian Government's Clean Energy Future Plan, synthetic greenhouse gases listed under the United Nations Framework Convention on Climate Change and the Kyoto Protocol - hydrofluorocarbons, perfluorocarbons (excluding gases produced from aluminium smelting) and sulfur hexafluoride (including equipment or products which contain these gases) - will have an equivalent carbon price applied through the existing Ozone Protection and Synthetic Greenhouse Gas Management legislation.