Home›Questions on Notice›QoN 1495

❓ Dr. Pettitt questions the ownership, valuation, and registration of carbon stored in DBCA-managed lands. The response indicates data limitations prevent valuation and refers to a previous answer for further details.

AnsweredQoN 1495Legislative Council

Asked

8 August 2023

Member

Hon Dr Brad Pettitt

Portfolio

Environment

QuestionView source ↗

I refer to the Department of Biodiversity Conservation and Attractions (DBCA) Statement of Financial Position on Page 707 of Budget Paper No. 2 - Volume 2 , and I ask: (a) who owns the carbon that is stored in DBCA managed lands; (b) what is the estimated net present value of this carbon; (c) is this value reflected in DBCA non-current assets; (d) if no to (c), why not; (e) has any of the carbon stored on DBCA managed lands been registered with the Titles Registrar under the Carbon Rights Act 2003 WA ; and (f) if yes to (e), will the Minster provide details of such registrations?

AnswerView source ↗

Answered

12 September 2023

Responded by

Parliamentary Secretary to the Minister for Environment

Response time

9 days

(a) Please see the response to Standing Committee on Estimates and Financial Operations 2023-24 Budget estimates – Additional questions, question 2 from Hon Brad Pettitt MLC.
(b) The Department of Biodiversity, Conservation and Attractions is unable to estimate the net present value of the total amount of carbon stored in lands that it manages because there is no comprehensive data at the required scale to support such an estimation.
(c) – (f) Please see the response to Standing Committee on Estimates and Financial Operations 2023-24 Budget estimates – Additional questions, question 2 from Hon Brad Pettitt MLC.

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