Commonwealth Numbered Acts

CARBON CREDITS (CARBON FARMING INITIATIVE) ACT 2011 (NO. 101, 2011) - SECT 3

             (1)  This section sets out the objects of this Act.

Climate Change Convention and Kyoto Protocol

             (2)  The first object of this Act is to implement certain obligations that Australia has under:

                     (a)  the Climate Change Convention; and

                     (b)  the Kyoto Protocol.

Incentives

             (3)  The second object of this Act is to create incentives for people to carry on certain offsets projects.

Carbon abatement

             (4)  The third object of this Act is to increase carbon abatement in a manner that:

                     (a)  is consistent with the protection of Australia's natural environment; and

                     (b)  improves resilience to the effects of climate change.