carbon credits

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Minister for Environment James Griffin said the NSW Biodiversity Conservation Trust (BCT) has entered into a partnership with Telstra in what will be the first of many agreements between landholders, the private sector and philanthropists to conserve land ... The BCT offers conservation agreements to landholders, which permanently protect existing native landscapes on private land in NSW.

After an oversubscribed capital raise, Australia’s leading-edge envirotech company, Patriot Hydrogen, is working full steam towards installing the first-ever Patriot unit in mid-2022 at Kimberley Clean Energy’s Kilto Station project near Broome, Western Australia. The modular hydrogen production unit will form part of Kimberley Clean Energy’s fossil fuel substitution strategy, with plans to add a hydrogen system in the next stage.

Carbon Count has announced that its flagship soil carbon project management software has concluded its beta testing phase and is now available to soil carbon project managers across the globe ... the Australian owned and designed SaaS platform streamlines the entire process of running a soil carbon project into a clear and simple workflow; facilitating the trade of soil carbon credits for agricultural consultancies and their landholder clients.

The Tasmanian Government welcomes the announcement by the Federal Government to help grow and incentivise the plantation estate and support jobs in Tasmania ... unlocking the carbon farming market ‘water rule’ in the South of the State will help encourage private forester participants to fully participate in the Emissions Reduction Fund (ERF) across the State, including making the market more accessible to small scale landholders.

In July 2020, the Government simplified access to carbon funding for forestry projects across five plantation growth regions. The Government is expanding access for four new regions in Tasmania, Gippsland (Victoria), the Green Triangle (Victoria) and Kangaroo Island (South Australia).

WA Forestry Minister Dave Kelly has introduced a Bill to amend the Forest Products Act 2000, which will allow the Forest Products Commission (FPC) to trade in carbon assets ... Carbon capture or sequestration in trees such as renewable pine plantations, is one of the most effective ways to remove carbon dioxide, one of the main greenhouse gases causing climate change, from the atmosphere.

A partnership between the Aboriginal Carbon Foundation and a major bank has helped preserve Cape York country and employ a number of Traditional Owners. As part of the Commonwealth Bank of Australia’s carbon neutrality, the bank supports traditional Aboriginal fire management generating Australian Carbon Credit Units for the second year running.