Australian first as methodology determination helps build momentum with the Carbon Farming Initiative

Friday 7 December 2012
 
Corporate Carbon Advisory is pleased to announce that Parliamentary Secretary for Climate Change and Energy Efficiency, the Hon. Mark Dreyfus, made a Methodology Determination for the diversion of legacy waste through an alternative waste treatment plant under the Carbon Farming Initiative (CFI).  This methodology, authored by Corporate Carbon Advisory in association with its client SITA ResourceCo, is the first privately authored methodology for which such a Determination has been made.  
 
Matthew Warnken, Managing Director of Corporate Carbon Advisory, congratulated SITA ResourceCo saying, “The making of this Determination recognises the pioneering achievements of SITA ResourceCo in delivering greenhouse gas abatement.”
 
Recently joined director Julian Turecek observed that there will be no shortage of buyers for the compliant Australian Carbon Credit Units (compliant-ACCUs).  “It is a buyers’ market for compliant-ACCUs with a real shortage of supply in the marketplace,” he said.  “Hopefully now that the private sector is starting to shape methodology development, an increased flow of offsets can be brought to market.”
 
Corporate Carbon Advisory has a series of other methodologies that have been accepted as valid applications and are in various stages of finalisation with either the Department of Climate Change and Energy Efficiency or the Domestic Offsets Integrity Committee.  
 
To view the Methodology Determination and accompanying explanatory statements go to: http://www.comlaw.gov.au/Details/F2012L02341
 
For further information, contact:
 
Matthew Warnken
Managing Director
Corporate Carbon Advisory
+61 418 238 040
matthew.warnken@corporatecarbon.com.au
www.corporatecarbon.com.au

News from Corporate Carbon

 

International Environmental Trust backs Australian Soil Carbon System
The Grantham Environmental Trust has invested in AgriProve an Australian agricultural startup to commercialise soil carbon solutions that improve agricultural productivity while sequestering carbon and mitigating climate change. 
Read more...

 

World's first soil carbon project to earn credits under Paris

Today marks an important milestone in the transition of agriculture from a source of greenhouse gas emissions to significant carbon sink. Corporate Carbon is proud to receive the first carbon credits issued for a soil carbon project under the Emissions Reduction Fund. See videoRead More...
 

Today the much-anticipated method for the measurement of soil carbon sequestration in agricultural systems which was developed by the Department of Environment and Energy was made publicly available.
Read More...

Corporate Carbon plays a role in convening the Soil Carbon Practitioners Industry Working Group - an informal collaboration of Emissions Reduction Fund soil carbon project developers.

Read More...

Corporate Carbon today announced that it had secured a financing deal with Macquarie Bank to further develop land sector projects under the Australian Emissions Reduction Fund.
Read More...

The Australian Environment Minister Greg Hunt joins Corporate Carbon Advisory to visit the Jinglemoney Soil Carbon Project located just outside of Braidwood NSW along with local MP and Assistant Finance Minister Dr Peter Hendy on Monday 16 May.
Read More...