THREE of Victoria's four brown coal power stations each produce more greenhouse gas than the entire Victorian agriculture sector.

The news comes as a report based on Treasury modelling tips the emissions trading scheme will not lower carbon pollution from coal power stations, and a major coal station asks Government to shut it down.

Government figures show agriculture produces just 12.1 per cent of Victoria's greenhouse gas emissions - 14.43 million tonnes of CO2 equivalent annually - while Loy Yang A creates more than 18.6 million tonnes, Hazelwood power station more than 15.7 million tonnes and Tru Energy Yallourn more than 14.6 million tonnes.

Transport also produces more tonnes of CO2 equivalent than agriculture - 19.32 million tonnes - while other stationary energy creates more than 17 million tonnes of carbon pollution in Victoria annually.

Loy Yang B produces more than 10.1 million tonnes, with the overall contribution of electricity generation in Victoria more than 62.8 million tonnes.

Deforestation creates almost 4.89 million tonnes of carbon emissions in Victoria yearly.

Victorian Farmers Federation president Andrew Broad said Victoria needed to invest in carbon capture and "clean" coal.

He said coal should only be sold to China if it agreed to invest in cleaner coal technologies and said it was hypocritical to penalise Australian operations for burning coal while exporting it. He admitted clean coal was not carbon pollution-free.

"It's not clean, it's just drying the coal so it burns cleaner," Mr Broad said.

The emissions trading scheme was a "damned disgrace", he said.

Meanwhile, Hazelwood power's British owner, International Power, has proposed to the Federal Government that it should be paid to shut down rather than be paid to keep polluting via pollution permits.

The Victorian Government is lobbying the Federal Government for more compensation for the coal power stations.