1 00:00:00,080 --> 00:00:02,440 Speaker 1: Interesting but good move, I think overall, I thought about 2 00:00:02,440 --> 00:00:04,400 Speaker 1: this yesterday afternoon of the announcement came out. This is 3 00:00:04,400 --> 00:00:06,520 Speaker 1: on the forestry and farming. See it's another example of 4 00:00:06,559 --> 00:00:10,360 Speaker 1: practical thinking and application in an area that relied to 5 00:00:10,440 --> 00:00:13,080 Speaker 1: be frank on laziness to solve a problem. Ever since 6 00:00:13,080 --> 00:00:15,400 Speaker 1: we became obsessed with climate change, and we became obsessed 7 00:00:15,440 --> 00:00:18,600 Speaker 1: with things that might or might not address climate change, 8 00:00:18,600 --> 00:00:21,240 Speaker 1: the low hanging fruit has been trees in carbon markets. 9 00:00:21,280 --> 00:00:23,680 Speaker 1: Now carbon Market says we've seen yet again this year 10 00:00:23,920 --> 00:00:26,799 Speaker 1: don't work. Government MUCKs around with the rules, change the prices, 11 00:00:26,800 --> 00:00:28,520 Speaker 1: freaks the market out, and all the credits that go 12 00:00:28,640 --> 00:00:31,000 Speaker 1: up for sale, by and large don't get sold. They 13 00:00:31,080 --> 00:00:33,480 Speaker 1: all pile into the next auction and don't get sold 14 00:00:33,520 --> 00:00:35,720 Speaker 1: until they get piled into the fourth and final oction 15 00:00:35,760 --> 00:00:38,279 Speaker 1: of the year, whereby they're not sold again. So they 16 00:00:38,320 --> 00:00:41,440 Speaker 1: then get dumped. Dumped as in they never actually existed. 17 00:00:41,479 --> 00:00:43,159 Speaker 1: Of course, in the first place, it's a mad invented 18 00:00:43,159 --> 00:00:45,560 Speaker 1: idea that only works of people believe it works, and 19 00:00:45,640 --> 00:00:48,320 Speaker 1: so far they don't. Then we plant trees, why because 20 00:00:48,320 --> 00:00:50,560 Speaker 1: it's easy. So a paddock of trees or a paddock 21 00:00:50,600 --> 00:00:53,320 Speaker 1: of sheep or crops or cows. In a country where 22 00:00:53,320 --> 00:00:55,760 Speaker 1: we already build too many houses on productive land, also 23 00:00:55,800 --> 00:00:59,040 Speaker 1: planting trees on that sort of land is criminal and stupid. 24 00:00:59,320 --> 00:01:02,240 Speaker 1: What this country does is feed the world. Our ability 25 00:01:02,280 --> 00:01:05,399 Speaker 1: on quality in many areas is unmatched, and we get 26 00:01:05,440 --> 00:01:07,800 Speaker 1: the price returned for it. But and here is where 27 00:01:07,800 --> 00:01:10,560 Speaker 1: the old freedom of movement and thinking comes in. If 28 00:01:10,600 --> 00:01:12,840 Speaker 1: you've got one hundred hectares and you want to sell 29 00:01:12,840 --> 00:01:14,360 Speaker 1: it to and the person who wants to buy it 30 00:01:14,720 --> 00:01:16,759 Speaker 1: wants to plant trees, is offering more than the bloke 31 00:01:16,800 --> 00:01:18,920 Speaker 1: next door who wants to expand as farm and keep sheep. 32 00:01:19,360 --> 00:01:21,600 Speaker 1: You are now potentially limited by a government that has 33 00:01:21,640 --> 00:01:24,280 Speaker 1: decided for you what you do with your property, and 34 00:01:24,280 --> 00:01:27,959 Speaker 1: that's always a fairly tricky area. Ultimately, though, governments must 35 00:01:28,000 --> 00:01:30,920 Speaker 1: act in these circumstances on behalf of the nation. And 36 00:01:30,959 --> 00:01:33,960 Speaker 1: if we aren't so reliant on food as a producer, 37 00:01:34,160 --> 00:01:36,240 Speaker 1: I mean, if we were a tech center or a 38 00:01:36,280 --> 00:01:40,000 Speaker 1: space center, or an oil center, or a strategic global 39 00:01:40,040 --> 00:01:42,120 Speaker 1: based like Singapore or Dubai, it might be different. But 40 00:01:42,280 --> 00:01:44,480 Speaker 1: land is our calling card and one day we will 41 00:01:44,520 --> 00:01:46,959 Speaker 1: work out trees aren't the answer to climate change, and 42 00:01:47,000 --> 00:01:49,200 Speaker 1: by the time we work that out, reconverting that land 43 00:01:49,200 --> 00:01:52,000 Speaker 1: won't be possible, So in that sense, this decision basically 44 00:01:52,560 --> 00:01:56,320 Speaker 1: saves us from ourselves. For more from the Mic Asking Breakfast, 45 00:01:56,480 --> 00:01:59,760 Speaker 1: listen live to news talks that'd be from six am weekdays, 46 00:02:00,120 --> 00:02:02,080 Speaker 1: or follow the podcast on iHeartRadio