Freedom to buy carbon credits direct with the farmer will be the result of last weeks ACCU market shock, say experts.
The self-governed hit will now see farmers previously stuck in low-value contracts apply to review their deal with Clean Energy Regulator’s Emission Reduction Fund, so that they can chase more lucrative contracts options with the ERF, voluntary markets and elsewhere.
Ms Hicks likens the ERF/CER process to be in transition to maturity and there will be growing pains of course.
As to going ahead with a carbon farming project, Mr Grogan says there is no reason to hesitate.