How carbon markets have influenced change in the Australian forest industries

P Dargusch; Steve R Harrison; John L Herbohn

doi:10.1080/00049158.2010.10676322

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How carbon markets have influenced change in the Australian forest industries

Journal article

Peer reviewed

How carbon markets have influenced change in the Australian forest industries

P Dargusch, Steve R Harrison and John L Herbohn

Australian Forestry, Vol.73(3), pp.165-170

2010

DOI: https://doi.org/10.1080/00049158.2010.10676322

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Abstract

Australia

forest industries

carbon markets

The influence of carbon markets on the current structure of the Australian forest industries is mostly evident in the emergence of 24 new entrepreneurial firms that are primarily engaged in the business of afforestation-based offsets. Whilst these firms currently account for only a small amount of business (in terms of financial turnover and area of tree plantings) compared with the traditional constituents of the Australian forest industries, their emergence is indicative of a changing strategic outlook for the industry in which carbon markets are likely to play a much more influential role. The authors argue that regulated carbon market policy should be designed to support the capacity of such entrepreneurial firms to engage in carbon markets, particularly in the early stages of the introduction of a mandatory emissions trading scheme and particularly how policy influences the entrepreneurial firms' capacity to secure finance.

Details

Title: How carbon markets have influenced change in the Australian forest industries
Authors: P Dargusch (Author) - University of Queensland
Steve R Harrison (Author) - University of Queensland
John L Herbohn (Author) - University of Queensland
Publication details: Australian Forestry, Vol.73(3), pp.165-170
Publisher: Taylor & Francis Australasia
Date published: 2010
DOI: 10.1080/00049158.2010.10676322
ISSN: 0004-9158
Organisation Unit: Australian Centre for Pacific Islands Research; Tropical Forests and People Research Centre; University of the Sunshine Coast, Queensland; Forest Research Institute
Language: English
Record Identifier: 99449054402621
Output Type: Journal article

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