Carbon farming a flop at Henbury Station – I have had articles on Henbury for 18 months or so – I have also tried FOI to get In some cases, companies like it brand levitra that offer discount vitamin supplements online will give you a bonus or coupon if you continue to purchase from them. Norepinephrineis free viagra tablet released in the coursework of stimulation making your special areas moresensitive. The site always looks to provide the product in finest packaging just to save it from any kind of damages or spoil. generic viagra pill visit for source This is the reason why generic version of any medicine has been allowed by the FDA as an effective and safe treatment pattern and also leads you to a better treatment. order levitra at the truth of why it failed. The information gatekeepers are too good for me. Still waiting for the real story. Looks like the taxpayers $millions are lost.
Easy answer to this one, you need water to fix carbon in the soil. So, if you wanted to store carbon in the soil, the last place you would do it is in the arid lands of Central Australia, and guess where the child prodigies who inhabit the Climate Control Commission (or whatever) tried it on first? Precisely where it would never work.
The other issue which they haven’t sorted out yet either is the fact that the determination of the amount of carbon in the soil is slow and expensive, and the measurement process would take up any value of the carbon stored in the soil unless the carbon was valued at $ hundreds/tonne. Consequently, soil carbon storage is not a viable process anywhere at the moment. Storing carbon in forests is possible, but the current carbon evaluation methodology is only precise to a 50-150% range in temperate forests, and 150-250% in tropical forests, so that needs a bit of work on it too. .
Your taxes at work
This comment sheds a bit of light on why the failure
‘With carbon credits evidently not applicable to the arid zone because in layman’s terms the “annual tree growth” does not comply with the “carbon rules”, has put paid to Ross Garnut’s green paper of a few years ago with recommendations to empty the NT of cattle and use it as a carbon trading sink. The cattle business in the NT is just about finished – that part of the plan went well. ‘
www.queenslandcountrylife.com.au/news/agriculture/property/general-news/henbury-station-hits-market/2669580.aspx
Just saw this –
Losses looming as grand carbon capture scheme evaporates – 24 Mar 14
www.theaustralian.com.au/national-affairs/policy/losses-looming-as-grand-carbon-capture-scheme-evaporates/story-e6frg6xf-1226862694892#
THE former Labor government’s grand scheme to establish the world’s largest — and the nation’s first — carbon farm on prime cattle land in the Northern Territory has collapsed.
And the property purchased for the project is being sold as a pastoral lease, probably costing taxpayers millions of dollars.
Insolvency firm PPB Advisory is selling the 516,800ha Henbury Station, which lies about 130km south of Alice Springs, on a “walk-in-walk-out” basis after permission was granted by the Northern Territory and federal governments to return the property to being a pastoral lease.
The sale process follows the high-profile collapse of the property’s corporate owner, RM Williams Agricultural Holdings — run by former News Limited chief Ken Cowley — in June last year.
RMWAH was the sister company to iconic bush clothing company RM Williams and its shareholders included Rupert Murdoch’s News Corporation — publisher of The Australian — and Australian Competition and Consumer Commission chairman Rod Sims.
The Henbury property was put on the market last August, but has not attracted a buyer because of uncertainty regarding the station’s status as a carbon farm and the Abbott government’s move to repeal the carbon tax.
While Henbury is now being sold as a cattle property, it is expected to attract a much lower sale price than the $13m paid by the Canberra and RMWAH in 2011.
The federal government then provided a $9m grant towards the purchase, while RMWAH put in the remaining $4m with a view to destocking the land of its cattle and redeveloping it as a carbon project. At the time the price was considered to be excessive, based on grazing land value.
A year later Qantas entered into an agreement to purchase carbon offsets from the station, with the number of credits being dependent on the number of Qantas passengers who voluntarily opted to offset the emissions associated with their travel as part of purchasing a ticket.
But the station was never transferred from a pastoral lease to a conservation covenant, a requirement of the National Reserve System.
It also became a victim of politics. The project commenced when the NT had a Labor government. But since the Country Liberal Party was elected in August 2012, the Territory government has claimed that the former owners of Henbury Station never received approval to run the pastoral property as a carbon farm.
Since RMWAH collapsed last year, PPB Advisory has been running and maintaining the property, at a cost of more than $500,000. It is believed the federal government and Qantas have been co-operating with PBB in the sale process.
Qantas declined to comment.
Luke Bowen, the executive director of the Northern Territory Cattlemen’s Association, previously described the project as “a marketing exercise to align the carbon tax with an iconic Australian brand”. PPB Advisory partner Greg Quinn said the property was now destocked and ready for pastoral use.
Thanks to The Australian