Australia's agricultural sector can reach net zero emissions by 2040, achieving emission reductions by 40% by 2030 and 60% by 2035 by scaling up Morrison's existing government programs, according to new work from Ernst & Young.
The core of the reduction strategy modeled for the Farmers for Climate Action group involves methane reduction, electrification of transport, redesigning some land uses, including more reforestation of marginal farmland and l 'improved land management through practices such as increasing carbon sequestered in cropland.
Ernst & Young 's analysis also includes a case study of the Maranoa electorate now owned by Federal Minister of Agriculture and Queensland National, David THEittleproud. He notes that climate-related risks are likely to affect Maranoa's main industrial sectors, including agriculture, mining, electricity, gas and water, and construction.
The analysis warns regional economies like Maranoa will be "disproportionately affected" by climate risk compared to urban areas due to lack of employment opportunities or alternative industries. But he notes that Maranoa "and Queensland more broadly, is well positioned to capture the benefits of carbon agriculture "with 278 projects now registered as part of the emission reduction fund of the Coalition.
It indicates that if better management practices were adopted, the transition would lead to a prolasting sperity in the traditional heart of the national party. Maranoa could generate between 58 and 71 million units of Australian carbon credit over a 10-year period, resulting in additional revenue of $ 2 billion to $ 2.4 billion. this would support 14 to 17,000 direct jobs in the electorate.
The transition to net zero emissions modeled by Ernst & Young compares to a status quo trajectory quo which projects what an Australian farm emissions profile might look like from 2020 to 2050.
The Prime Minister, Scott Morrison , who is trying to set up a climate policy hub ahead of the summit from Cop26 in Glasgow in November, says he wants Australia to reach net zero emissions as soon as possible, and preferably by 2050. But some came out.nts dug their heels, saying the transition will cost jobs in the Australian region.
Some nationals have suggested that agriculture be excluded from Morrison's commitments in this area climate policy and Deputy Prime Minister Barnaby Joyce said this week that the test of whether or not nationals support the prime minister's pivot would be the impact of jobs in regional areas , such as the coal regions of the Hunter Valley in New South Wales.
While many nationals have described the transition as an unachievable near revolution that will raise costs, block farmland and require the reduction of herds of bTraditional Etail - Ernst & Young's work notes that most of the policy tools needed to successfully transition Australian agriculture to net zero already exist. They would only require scaling up.
He notes that the Morrison government already has "a large portfolio of climate-related initiatives. change, "including the Agriculture Carbon Initiative and an Agriculture Management Package." With further improvements, it could be well placed to help the sector decouple economic growth from emissions greenhouse gas emissions and take steps to take advantage of its inherent strengths ", the analysis says.
While the focus of the report identifies opportunities for farmers to
It indicates that the main Asian and European markets demand more and more transparency through labeling, branding and
The report notes that adjustments, like the European Union 's Carbon Border Adjustment Mechanism, do not currently extend to agriculture, but it indicates that the Australian agricultural sector "should be prepared for the risk of agricultural products being considered under CBAM ".
Farmers for Climate Action's new assessment comes as medical leaders across the board the country wrote an open letter to Morrison ahead of Cop26, calling on the government to "urgently take much action.oup more important to avoid further deterioration of the current climate crisis ".
The letter, signed by a dozen leading medical bodies, including the Australian Medical Association and Doctors for the Environment, calls on the Prime Minister to talk about "less aspiration" and instead focus on "firm and binding commitments" that are aligned with science ".
Without specifying an emissions target, the letter calls on the government to commit to an “ambitious national plan” to reduce this decade's emissions “to protect health”, including policies that accelerate the transition to renewable energy.
He calls on the government to make commitments before Glasgow that are commensurate with limiting global warming to 1 , 5 ° C.