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Estimates suggest that Australia may lose up to 18 million hectares of agricultural land to carbon sequestration projects by 2050, equivalent to three Tasmanias. This shift aims to achieve 119 million tonnes of abatement, with significant impacts anticipated in high-rainfall regions.

The Australian Bureau of Agricultural and Resource Economics and Sciences highlights that this represents about 4% of the nation's agricultural land. Concerns arise regarding the effects on food production and regional economies, with potential revenue losses of $2.8 billion annually from agricultural exports.