Could carbon farming be the answer for a 'clapped-out' Australia?

Farmers signing up for the carbon emissions reduction fund have to meet strict guidelines but there is significant profit and energy savings to be made

This week the Clean Energy Regulator (CER) will hold the third emissions reduction fund auction and farmers across Australia will move to the forefront of efforts to rescue a "clapped-out" country.

Australian farmers have long bought and sold their wares at auction. Sale yards were the hub of country towns and the din of a moleskin-clad auctioneer shouting over the bleating and mooing of fattened livestock has long been a familiar rural backdrop.