I have a plan to stop farmers sponging off the state. Many farmers
in Australia farm extremely marginal land that is regularly very badly
affected by drought. Australia is a place that has droughts. Every
Successive governments have dipped into the public coffers every
time a drought comes around for these farmers. Now if I set up a
corner shop on a backstreet nobody ever visited, would I be entitled
to funds from the government when the inevitable happens and I go
broke? Course not. Yet farmers, who decided to farm marginal land in
a drought-prone country, get bailed out every time.
So how do we solve this? How about this: the government buys back
the land, at a reasonable price given how marginal it is. We then let
it go back to its pre-Whitey state, which for different areas would
mean different things. Fire would probably be needed.
How do we fund this? Well, why not calculate how much CO2 this
cleared land will soak up as it goes back to its natural state? Oh
that's right, we would need to have a carbon market and sign Kyoto for
that to be worth anything now, wouldn't we.
Back to the drawing board then.