The Australian government’s proposed Carbon Pollution Reduction Scheme (CPRS) is likely to have a significant impact on the price of farm inputs (diesel, fertiliser, water and electricity). Furthermore, offsets (reduction or removal of greenhouse gas emissions that counterbalances emissions elsewhere in the economy) are a potential area of expansion under the scheme with particular interest in the agricultural sector. Agrichar is one of the new technologies and farming practices being investigated to counteract CPRS-imposed costs. Its two claimed benefits which relate both to the profitability of cane growers as well as to climate change are: the reduction in fertiliser application; and the carbon which agrichar can store in the soil for hundreds to... |