The Federal Government's Carbon Farming Initiative has commenced and is operational, allowing farmers and land managers to earn carbon credits by storing carbon or reducing greenhouse gas emissions on the land. These credits can then be sold to people and businesses wishing to offset their emissions. According to the clean energy industry's peak body Clean Energy Council, the initiative is an important milestone for the bioenergy sector. Part of the Carbon Farming Initiative will allow waste management companies and local governments to reduce emissions and generate carbon credits, by capturing potent methane emissions to produce electricity for sale to the grid, or destroy it through flaring.
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