On 30 March 2017, the Senate referred the provisions of the Carbon Credits (Carbon Farming Initiative) Amendment Bill 2017 to the Senate Environment and Communications Legislation Committee for inquiry and report by 9 May 2017.
The bill amends the Carbon Credits (Carbon Farming Initiative) Amendment Act 2011 in relation to the operation of the crediting element of the Emissions Reduction Fund. These amendments address implementation issues, primarily for savanna fire management projects in Northern Australia. They correct earlier drafting errors, reduce administrative burden and clarify the original intent of the Act.
The closing date for submissions is 11 April 2017.