Justine Elliot (Richmond, Australian Labor Party) Share this | Hansard source

My question is to the Prime Minister. Is the Prime Minister aware of the report by the National Farmers Federation which concluded that a domestic emissions-trading scheme could provide farmers with an income of $700 million to $900 million over five years through payments for carbon stored in forests? Prime Minister, isn’t it a fact that reductions in land clearing could be providing farmers with an income stream of $1.8 billion from carbon credits through the Kyoto protocol over five years? Prime Minister, isn’t it the case that the government’s opposition to the Kyoto protocol and the failure to introduce a national emissions-trading scheme has penalised farmers to the tune of $2.5 billion over five years?

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