Farmland at Risk as Safeguard Mechanism Turbo Charges Demand for Carbon Sinks

Farmland at Risk as Safeguard Mechanism Turbo Charges Demand for Carbon Sinks
This photo shows sheep feeding on lush grass on the property of Australian farmer Kevin Tongue near the rural city of Tamworth in New South Wales, Australia, on May 4, 2020. Peter Parks/AFP via Getty Images
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Farmers are calling on the Australian federal government to ensure that the new Safeguard Mechanism does not spark a mass-buy up of agricultural land as carbon-producing companies seek to offset their carbon emissions.

National Farmers’ Federation (NFF) Chief Executive Officer Tony Mahar said that the agricultural sector was concerned about a potential land use conflict with the Safeguard Mechanism turbocharging the demand for land that can be used as a carbon sink.

Victoria Kelly-Clark
Author
Victoria Kelly-Clark is an Australian based reporter who focuses on national politics and the geopolitical environment in the Asia-pacific region, the Middle East and Central Asia.
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