Carbon market price credit by tonne in Australia and NSW as human activities caused damage to environment
Plan to put the carbon back with payments to outback Australia
New Australia carbon market: grow trees, make compost, make money
How to make money farming carbon; no need to grow food
The new Australia carbon market starts July 2012. The rural-vote-catching carbon credit plans apply to changes to:
- crop- type;
- tillage; stubble management;
- fertilisers; and
- other amendments/soil conditioners, fallows, cuts for hay, pasture type, pasture yield or stocking density, and grazing management.
New deal for land holders: On 1 July 2012, carbon markets open with a starting price of $23 per tonne for those uses above.
The paper work for the all gain no pain carbon plan for Australia agribusiness
How to earn fixed-price $23 tonne carbon credits with Carbon Farming Initiative
DIY or use an offset aggregator: The Carbon Farming Initiative (CFI) will be available to farmers, foresters and landholders who want to generate carbon credits. Farmers and landholders can sell their credits through market exchanges.
What we do to the planet
Carbon dioxide—the highest concentration in two million years. Methane concentrations rose from 715 parts per billion in 1750 to 1,774 parts per billion in 2005, the highest concentration in at least 650,000 years.
Political realities of carbon markets
As Australian Commonwealth Government needed to rural vote to govern - but the balance of power was controlled by Greens and Independents . Therefore carbon will rules create unusual opportunities and risks, and commercial loop holes.
Core risk: The core risk was the Labor Government may lose to Liberal-Nationals. Liberal-National policy was to stop carbon trading.
But will a promise to stop the "carbon tax" come to pass? The carbon deal was so sweet for the rural section, one might expect that aspect would stay under the Liberal Nationals; a party with a confused carbon policy. It tended to act as mouthpiece for miners and big industry but needed the rural vote.
What has split the Liberal Nationals: Coal seam gas conflicts had now split the Opposition Liberal Nationals base.
In Australia mineral rights are owned by Government: Miners for gas, coal, coal seam gas and CO2 dumps can enter farm land and turn farm land into a toxic industrial precinct. The interests of miners and land holders came into conflict.
Liberal Nationals - could - loose the rural electorate, the ones they need; if these vital electorates got split by a rural voters peeling-off for the Australian Greens.
This could happen if coal seam gas expansion pressured land holders, too hard as recession bit small holders.
Large agribusiness carbon farms: The result will probably see rural land pass into the hands of miners and large agribusiness carbon farms. Food production will fall. The Australian Government as now paying farmers to leave the land. It supplied both drought subsidies and flood subsidies at the same time. These distorted subsidies shows the vital need Government have to retain the rural vote.
LNP plan to undo "carbon tax" may not come to pass: The Liberal-Nationals had divided leadership, which would need support of the Australian Greens, to pass Bills. Also the Liberal-National Government could fall in a very big hole. If, by the time it formed Government, Labor had paid out any of the gigantic carbon compensation offered to electricity generators and other big polluters.
Big rural credit opportunity: The rules - which use the UNFCC methodologies approach - give:
- credits for rural activities, (tree planting, camel-killing, soil building, crop use change), for a fixed price:
- with no liabilities. So, for example:
- plant a million hectares of trees, and, the trees burn down in a bush fire:
- you do not have to pay back the credits.
For the non-rural markets a max and min price planned: Papers commissioned by the Australia Department of Climate Change & Energy Efficiency reported a maximum price was also proposed.
Low price start: The price was fixed for all time for the rural credits and for three years for the tradeable credits.The plan was the Regulator would decide if intra-round bidding is used.
Inexact match: Papers commissioned by the Australia Department of Climate Change & Energy Efficiency reported low liquidity in the initial phase of an emissions trading scheme seems common and was expected in Australia. Price may, then, rocket-up, 30-fold
Same in two other markets: A flat start and a volatile future was the case with both the EU Emission Schemes and the Regional Greenhouse Gas Initiative (RGGI) Trading Scheme.
Australia Carbon market: There was 'no reason not to reveal auction results as soon as possible after the auction". That was the Australian Labor-government plan.
How to earn carbon credits by using less fertiliser
New method to measure soil carbon in top soil; standards published
" If you can store more carbon dioxide in the top 0 to 30 cm layer of soil that's called carbon sequestration, and it pays $23 a tonne of carbon stored.
How gas electricity generation takes over from coal at 2014, in Australian Treasury model carbon trading
Wholesale electricity price expectation in Victoria with carbon price
The Australia carbon market starts 1 July 2012
While the most of world had turned from carbon markets: Australia was to move ahead.
- The big winners in this game to trade through the Australian National Registry of Emissions Units (ANREU), set up 8 December 2011 were:
- electricity generators; and
- agribusiness carbon farmers who could plants trees or improve soil carbon, The Carbon Credits Administrator began formal consideration of applications on 6 January 2012).
- "too big to fail" electricity generators. More than one was trading in administration, and owned by the banks. These could earn billions if they could win a form of "close-down" auction managed by the Australian Energy Market Operator.
Pay coal generators to close; (2000 MW of coal fired plant was to get paid, to close.
30,000 MW of new generation was announced: Gas and wind generation projects across the National Electricity Market totalled around 30,000 MW) .
- Policy papers proposed carbon credits would pay farmer and land holders to plant trees and manage land at a fixed price of $23 a tonne.
The opening plan for carbon farmers was credits earned from:
- Reforestation, forest management and native forest protection;
- Savanna fire management;
- Landfill gas recovery;
- Manure management;
- Management of methane from livestock; and
- Soil carbon and biochar.
Australia carbon market plan-minimum bid size one carbon unit: This would used an ascending clock auction. See more, below.
Australia Carbon market to publish more market data than, European, US markets
There was no reason not to reveal auction results as soon as possible after the auction.
That was the Australian plan.
Australia carbon auctions: case studies of residual supply The plan was the Regulator would decide if intra-round bidding is used.
Inexact match: Papers commissioned by the Australia Department of Climate Change & Energy Efficiency reported as an ascending clock auction concludes when the number of units offered is equal to or greater than demand, there was the potential for residual supply to occur.
Clock auction plan for Australian carbon market
Australian policy plan to set carbon price with a clock auction:
- In a clock auction, an auction clock shows the current price at all times.
- In a clock auction, bidders may not increase their demand as the price of the clock rises.
Carbon price plan: Regulator sets price floor for 2015-16, 2016-17 and 2017-18.
Clean Energy Regulator will start work on 2 April 2012: Most of the data will stay secret as data was at "..subsidiary facility level and isunable to be published because of confidentiality provisions under the NGER legislation".
- Sixty were electricity generation:
- one hundred 100 coal or other mining and
- about around forty, natural gas retailers
How to apply to get paid billions to close 2000MW of Australian electricity generation after 2016: The generator's carbon compo-application forms for twelve coal fired electricity generation businesses was published. Billions were available to polluting Australian power plants to close down.
Carbon price to save one million Australians from need to file tax return
Australia's Clean Energy laws will change the tax free threshold from 1 July 2012. It will be tripled from $6,000 to $18,200, freeing up to a million people from having to lodge a tax return.
Carbon price and electricity price:
NSW, Queensland, Victoria, South Australia,Tasmania average spot price up $20 per MWh: Federal Treasury modelling predicted an electricity price pass through of just under $1 per MWh for every $1 per tonne of carbon price.
$20 per MWh increase: This means the market may expect the NSW, Queensland, Victoria, South Austrla, Tasmania average spot price to increase by about $20 per MWh.
Government video explains how Australia carbon price works
- How does carbon pricing work?
A video from the Federal government on how its carbon price policy works