Carbon farming is about to undergo a review by the Federal Environment Department.
The move, according to Agriculture Minister David Littleproud, follows mounting concern about pest and weed control as large tracts of land are brought up by corporate companies and then land locked and left unproductive and unmanaged.
In what Minister Littleproud is describing as an “Unintended consequences” the move is also costing jobs and sapping millions out of local communities each year in revenue.
Carbon Farming is the practice of retaining large tracts of land for regrowth which is then traded for carbon credits to the federal government through a $2.55 billion Emissions Reduction Fund.
The Paroo shire is just one that has caught the eye of the Agriculture Minister and member for Maranoa David Littleproud.
324,000 ha of land in the area is now owned by corporate ventures, who have entered into carbon farming and across the nine properties involved a lack of land management practices is creating problems for other productive farmers and land holders and has created a significant drop to local community revenue.
Mr Littleproud says he sat down with Minister Frydenberg and outlined the issues.
“No-one’s trying to blow the program up but there’s been some unintended consequences in my patch I’m a little worried about. He pulled up the maps and he could see the concentration (of carbon farms) in this part of the world, and that’s when it did raise some alarm bells to get the department involved and out there.”