(1) The regulations may make provision for or with respect to the granting and effect of rights over Crown land in connection with any scheme (whether of this State, the Commonwealth or internationally) for the reduction of carbon emissions or other greenhouse gases in the atmosphere.
(2) This section, or any regulation made for the purposes of this section, does not limit the granting of forestry rights under this Division that comprise or include carbon sequestration rights (as defined in section 87A of the Conveyancing Act 1919 ).