| CONTACT CARBONLINK | |
| info@carbonlink.com.au | |
| Address | 15 Morgan Street Gladstone, Qld, 4680 |
| Phone | 07 4837 7150 |
FAQ – General Information
- What is a carbon project?
In Australia, we have a strong framework that provides opportunities for producers and land managers to generate carbon credits.
A carbon project is set up to generate carbon credits through the reduction or storage of greenhouse gases. The project participant can then sell these carbon credits.
Over 30 different methods exist in Australia, in which projects can be registered under. Carbon Link specialises in Soil Carbon Projects. - What is a soil carbon project?
Put simply, a soil carbon project removes carbon from the atmosphere and stores it in the soil.
These changes are measured and your carbon credits calculated at regular intervals.
Carbon Link provides a turnkey solution for interested parties that wish to undertake a soil carbon project.
If you would like to receive a free Insights Report, please fill out the form on our contact us page. - What is a carbon credit?
Carbon credits are the general name given to a financial unit that is awarded when the equivalent of one tonne of carbon dioxide (CO2) is stored in the land or prevented from entering the atmosphere.
A range of different carbon credits are available in Australia. This includes Australian Carbon Credit Units (ACCU), Verified Emissions Reduction Units, Verified Carbon Standard and Certified Emission Reduction Units. - What is an ACCU
The primary carbon credit that is traded in Australia is the Australian Carbon Credit Unit (ACCU).
ACCUs are issued to project proponents by the Clean Energy Regulator (CER). Once an ACCU is issued it becomes personal property. Ownership is registered in the Australian National Registry of Emissions Units.
ACCUs can be sold to generate additional cashflow.
This is done by contracting and selling to the Emissions Reduction Fund for a certain price or they can be sold into the secondary market.
The demand for ACCUs comes from sources such as the Commonwealth Government, organisations that are required to offset their emissions, voluntary markets, and state and territory governments.
The recently announced Climate Solutions Fund commits an additional $2 billion towards the Emissions Reduction Fund, which allows the Commonwealth to purchase ACCUs.
FAQ – What does a soil carbon project look like?
- What are the basic requirements for a soil carbon project?
For a project to be registered, the participant and the land will need to meet basic requirements. This includes;- You own or lease the land.
- The area must’ve been cropped, grazed or bare fallow.
- A new or improved practice will need to be carried out once the project is underway.
- Your project will be registered for a 25 year crediting period.
- Understanding your potential
It’s important that you have an understanding what your property’s potential return is.
We offer a complimentary insights report to assist with your decision.
Please find the link to complete an EOI here. - Importance of measurement
Soils can have a high variance across your property. If the variance isn’t mapped accurately, this can result in reduced credits being issued.
It is for this reason we have a team of GIS Specialists to analyse your property’s data, before carrying out your sampling.
- Project duration
When commencing a Soil Carbon Project, you will choose whether you would like it to run either 25 or 100 years.
Code of Conduct
Carbon Link is a signatory to the Australian Carbon Industry Code of Conduct.
The Carbon Market Institute (CMI) launched the Carbon Industry Code of Conduct (Code) in 2018. The Code’s vision is to achieve a well-functioning emissions reduction and carbon sequestration industry in Australia at the scale required to significantly contribute to Australia’s greenhouse gas reduction commitments under the Paris Agreement.
The Code’s role in the carbon market is significant in that it:
- defines industry best practice for market participants including project developers, agents, aggregators and advisers in Australia’s carbon projects industry;
- promotes consumer protection and appropriate and open interaction with clients;
- provides guidance to scheme participants; and
- promotes market integrity, transparency, and accountability – and displays international leadership in Australia’s carbon market.
For more information about the code, see visit the Carbon Market Institute website.
What is the lifecycle of a project?
Videos
- Dr. Terry McCosker ‘Strategies and Incentives for Carbon Sequestration’:
Strategies and Incentives for Carbon Sequestration – YouTube - Regenerative farming: A ‘natural way’ to help counteract drought | Charlie Massy | Australian Story:
Regenerative farming: A ‘natural way’ to help counteract drought | Charlie Massy | Australian Story – YouTube - Soil Carbon Cowboys:
soil carbon cowboys – YouTube - The Soil Carbon Trading Roadshow
1. The Carbon Cycle – YouTube
Links
- Clean Energy Regulator website:
Clean Energy Regulator Clean Energy Regulator – Home - Hope Beneath Our Feet – Peer Reviewed Publications on Well-Managed Grazing as a Means of Mitigating Global Warming
Hope Below Our Feet – Regeneration International - Carbon Credits (Carbon Farming Initiative – Measurement of Soil Carbon Sequestration in Agricultural Systems) Methodology Determination 2018:
Carbon Credits (Carbon Farming Initiative—Measurement of Soil Carbon Sequestration in Agricultural Systems) Methodology Determination 2018 (legislation.gov.au) - Carbon Credits (Carbon Farming Initiative) Act 2011:
Carbon Credits (Carbon Farming Initiative) Act 2011 (legislation.gov.au) - Carbon Credits (Carbon Farming Initiative – Measurement of Soil Carbon Sequestration in Agricultural Systems) Methodology Determination 2018 Explanatory Statement:
Carbon Credits (Carbon Farming Initiative—Measurement of Soil Carbon Sequestration in Agricultural Systems) Methodology Determination 2018 (legislation.gov.au)
Guidance Documents