AS SOIL carbon credits have started to flow to some of the burgeoning industry’s early adopters, prominent finance journalist Alan Kohler has taken aim them labelling the industry a trap.
In a climate-focused column he regularly writes for the New Daily website, Mr Kohler made three key points:
- Farmers were being issued Australian Carbon Credit Units for activities they were always going to do, or activities they should be doing
- Farmers taking “quick cash” by selling credits to other companies were not going to be able to sell their meat because most of the supermarkets have their…