Senate debates

Monday, 22 September 2008

Questions without Notice

Emissions Trading Scheme

2:27 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Climate Change and Water) Share this | Hansard source

I meant from the government, Senator Brown, not between one another. As I said, we do recognise the importance of Australia’s forests. We have a clear commitment to maintaining a robust system of RFAs and I again reiterate through the green paper that the government is proposing in its Carbon Pollution Reduction Scheme a voluntary opt in for forestry. That is important and it is predicated upon the recognition that forests can form an important part of our fight against carbon pollution and our fight to reduce Australia’s greenhouse gas emissions. The proposed opt in through the green paper would enable landholders to voluntarily opt into the system to establish a forest and to generate a credit as a result of entering the system. That obviously creates an incentive for sequestration where it is appropriate for forest activity for the establishment and maintenance of forests. I make the point that once landholders are in the system then in accordance with the Kyoto accounting rules they would have to remit a permit to remove those forests.

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