The Department of Climate Change and Energy Efficiency has recently announced the Carbon Farming Initiative (CFI) framework  .  The carbon offsets scheme will provide new economic opportunities for farmers, growers and landholders through the generation and trading of carbon credits for sale in both the domestic and international markets.

Reductions in carbon pollution can be achieved through a number of mechanisms, such as:

• Reducing or avoiding emissions, or
• Removing carbon from the atmosphere and storing it in soil and/or trees.