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ABC News
ABC News
Business

Carbon neutral goals could be met sooner with the help of the forestry industry

West Australia's vast swathes of timber plantations could help Australia reach its emissions goal much quicker than forecast.

Under a new method introduced this year by the Clean Energy Regulator, existing plantations can receive Australian Carbon Credit Units for a continued plantation forest under the Emissions Reduction Fund – with the forestry industry able to sequester and store carbon into existing plantations for profit.

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