Penny Wong (SA, Australian Labor Party, Minister for Climate Change and Water) Share this | Hansard source

Perhaps Senator Joyce did not understand me the first time. I explained to him that non-forest revegetation and vegetation management does have sequestration potential. It is not currently counted towards an international commitment under the Kyoto accounting rules. We have said we will promote a voluntary market offset regime that will enable landholders to take advantage of the voluntary market. We hope that through this process, through learning by doing, we can continue to press for all-encompassing or more broad-ranging accounting rules so that this nation and this nation’s farmers and other landholders can take advantage of the various sequestration opportunities which will be available into the future. I answered that the first time, Senator Joyce. You may not have understood it. You may not have liked it. But I did actually answer the question.