Western Australia is drafting a Bill to establish a new type of lease for pastoral lands to smooth the way for renewable energy, carbon farming and conservation activities.
A new Western Australian pilot program will provide state government funding to projects that create carbon credits by protecting biodiversity in national parks and reserves.
A freeze on land-based ERF projects in Western Australia will end if new state government proposals are accepted, allowing pastoralists to earn money from revegetation.
A Footprint analysis of carbon credit projects, renewables investment and energy productivity initiatives shows NSW has snared the lion's share of ERF revenue, and Queensland is set to dominate large-scale solar.