The Irish Farmers’ Association (IFA) has said that it would “challenge any move” by the government to “claim ownership of the carbon sequestered in forests owned by farmers”.
The IFA’s Farm Forestry Committee chairman Vincent Nally said that “there is no reference in terms and conditions of the afforestation scheme that gives the state the right to claim ownership of the carbon sequestered in our forests“.
He said the IFA “has sought legal advice on the ownership of the carbon rights and will challenge any attempt to interfere with a farmerās rights to sell carbon removals and reductions from their forest to a voluntary carbon market”.
He said forest premium is paid to compensate farmers “for the income foregone while the trees are growing”.
“This does not give the state the right to claim ownership of the carbon sequestered,” he said.
āThe rationale used by the Minister [Charlie McConalogue] is that the state paid the forest premiums, so it now owns the carbon. This just doesnāt stack up.
“Using this logic, next he will be trying to claim ownership of the timber growing in our forests.
“While there are no domestic carbon standards to enable voluntary carbon markets to function at the moment, there is significant interest among farmers to set up such a market and realise the value of the carbon stored in their forests.”
He said that the minister needs to “reassure farmers that they do in fact own the carbon in their forests”.