Talking Business with Alan Kohler

Peter Castellas CEO Carbon Market Institute (CMI)


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Peter leads CMI in its important role in catalysing and driving the growth of the Australian carbon market including CMI’s approach to the development of market leading research; running national events and industry working groups; and servicing a national membership base of carbon market participants. Here he discusses expanding the carbon farming industry creating new jobs and economic opportunities as it helps Australia meet its climate change commitments under the Paris Agreement in 2020 and beyond. The Carbon Farming Industry Roadmap indicated that by 2030 the industry could generate up to 21,000 jobs nationally, and between $10.8 and $24 billion in revenue to the Australian economy. Carbon farming earns income for landholders via changes in land management which reduce greenhouse gas emissions or store carbon in soil and vegetation. This generates tradable carbon credits that allow government, corporations and organisations to meet their legal obligations (in the compliance market) or their social responsibility goals on the voluntary market.
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Talking Business with Alan KohlerBy Qantas

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