Tuesday

Who are the buyers?

Demand for CFI credits is expected to come from foreign governments seeking to meet their Kyoto obligations, as well as companies overseas seeking to meet their obligations under national or regional schemes, such as the EU Emission Trading Scheme. CFI credits could also be attractive to companies operating in markets dominated by the voluntary market, such as Australia's traditional trade partner Japan. One important category of buyers not mentioned in the Consultation Paper are consumers overseas who are fans of the country and have a soft spot for Aussie farmers. Back at home, some companies need offsets to meet obligations where State Governments have introduced their own compliance schemes.

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