Some Impacts on Agriculture of an Australian Emissions Trading Scheme

Some Impacts on Agriculture of an Australian Emissions Trading Scheme

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Under current Kyoto Protocol accounting conventions, agriculture is a major greenhouse gas emitter. If covered by an ETS, agriculture will face a significant cost impost through the need to purchase permits corresponding to its emissions. Agriculture will be affected both indirectly – through its use of energy based inputs – and directly through the possibility that it will be covered by the scheme. For these reasons, this research report provides critical and timely information that will assist the farm sector and policy-makers in future decision-making processes relating to this most challenging issue.

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