Australian Carbon Traders

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    Primary activity : Project developerThe Project Developer is the person or organisation that establishes a project, by designing, registering, implementing and monitoring the project for the purposes of creating and selling carbon offsets or other environmental credits and reducing greenhouse gas emissions. , RetailerCarbon offset retailers either fund or purchase carbon offsets in large quantities and then on sell them to individual consumers in smaller quantities. , BrokerA broker is an intermediary, who buys and sells carbon offsets on behalf of clients. , Trading platform provider    Price (per tonne CO2e) : AU$0 - AU$40

    Summary

    Australian Carbon Traders's view on the role of carbon offsets in addressing climate change

    "At Australian Carbon Traders (ACT) we believe that well planned and managed forest sinksAny process which removes a greenhouse gas from the atmosphere. Major sinks include forests and other vegetation., when properly incorporated into farm management, will provide a range of cross production benefits and additional income for landholders.

    Australian Carbon Traders owns and manages the Australian Farm AbatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. Registry (AFAR), a carbon management system that has been designed for landholders who wish to own and control their carbon assets and increase land productivity.

    Australian Carbon Traders also works closely with landholders to ensure that they get a fair deal for carbon sequestration projects on their land."


    Detailed InformationClick on the tabs below for more information:

    Summary

    Role in the Carbon Offset Market
    [Q1]Project developer, Retailer, Broker, Trading platform provider
    Main client base
    [Q3]Landholders,Corporate, Councils, Agribusiness

    Broker

    Broker Information

    Types of transactions in carbon credits offered
    [Q23b]- Spot tradesThe purchase or sale of abatement (e.g. carbon offsets) for immediate delivery. Spot trades are settled "on the spot" (usually within one or two business days), as opposed to at a set date in the future. Futures transactions that expire in the current month are also considered spot trades. Spot trades are also known as "cash trades". Spot trades are the opposite of forward contracts.
    - ForwardsThe buyer invests the money upfront but does not get the credits until they are actually produced. These are long-term commitments that are predominantly done on a large scale. (Over The Counter)
    - Purchase for surrenderCarbon offsets are purchased and retired from the market by the offset provider.
    Standard brokerage fees determined by
    [Q24]- Brokerage is based on volume and risk (determined prior to transactions).
    Indicative pricing
    [Q25]- 10% for 10 offsets
    - 7% for 100 offsets
    - 5% for 1,000 offsets
    - 3% for 10,000 offsets
    How is the retirement of abatement verified to your client?
    [Q27]- Registry transaction screenshot view (For example, by email)
    - Evidence of registry transaction (For example, personalised account, physical copy of transaction etc.)
    - Tax Receipt
    - Certificate (with individualised Serial Number/s of abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. to cross check at a later date)
    - Certificate (with amount of abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. purchased)
    - Dedicated online registry and electronic certificates.
    Independent certification and/or third party documentation to prove the validity of all the different offsets that you provide available
    [Q28]- On request
    - Most of the time

    Offset Products

    Offset Products

    Price(s) per tonne
    [Q17]AU$0 - AU$40
    Project Type(s)
    [Q32] - Plantation of monocultureThe practice of producing or growing one single crop over a wide area. non-native plantation for harvesting
    - Plantation of monoculture of native species for harvesting
    - AfforestationThe direct human-induced conversion of land that has not been forested for a period of at least 50 years to forested land through planting, seeding and/or the human-induced promotion of natural seed. / reforestationThe reestablishment of forest on land that was previously forested but converted to another use before 31.12.1989. with Australian native vegetation (as opposed to locally appropriate)
    - Afforestation / reforestation with multiple locally occurring species of vegetation
    - MethaneMethane (CH4) is a greenhouse gas with a GWP of 21. landfillA specially designed site for the disposal of waste to land by burial.
    Project Location(s)
    [Q33]- Domestic

    [Find out more about project types]

    Offset Quality

    Offset Quality

    Organisation is licensed to provide financial advice (or to be an authorised representative in providing financial advice) in the context of brokerage of carbon commodities
    [Q23a]No
    Offsets generated and sold by Australian Carbon Traders
    [Q38]- Land Use Land Use Change and Forestry RMUsRemoval Units are carbon credits that are derived from LULUCF projects in industrialised countries that absorb carbon dioxide. An RMU is equal to one metric tonne of CO2e.
    - NSW Greenhouse Gas Abatement SchemeNew South Wales Greenhouse Gas Abatement Scheme commenced on 1 January 2003 and targets are set until 2012. It is one of the first mandatory greenhouse gas emissions trading schemes in the world. GGAS aims to reduce greenhouse gas emissions associated with the production and use of electricity. For more information see here. NGACsNew South Wales Greenhouse Gas Abatement Certificate is a tradeable commodity used in the NSW GGAS. One NGAC represents the abatement of one tonne of CO2e associated with the consumption of electricity in NSW. NGACs are transferable certificates that may only be created by accredited abatement certificate providers.
    How does your organisation calculate the amount and price of carbon offset required by customers?
    [Q10]- We do not provide auditing service. We believe that there needs to be separation between the auditing of emissions and the provision of offsets to ensure impartiality. We have a range of options that clients can use to determine emission levels, including recommended auditors or government sponsored links. The choice depends on whether client needs are for compliance or voluntary measures.
    Do you provide quality assurance or technical documentation on your web site or on request?
    [Q16]

    www.australiancarbontraders.com

    Is your organisation audited by an independent third party for the sale and retirement of offsets and / or RECs?
    [Q16b] No
    Does your organisation supply National Carbon Offset Standard (NCOS) or NCOS compliant abatement to customers from 1st July 2010?
    [Q18] Yes, NCOSThe Commonwealth Government’s National Carbon Offset Standard (NCOS) came into effect on 1 July 2010 coinciding with the cessation of the Government’s Greenhouse Friendly™ program. It is intended to ensure that consumers have confidence in the voluntary carbon offset market and the integrity of the carbon offset and carbon neutral products they purchase. It provides guidance to businesses who wish to make their organisation carbon neutral or develop carbon neutral products in a way that achieves emissions reductions, through the purchase and cancellation of eligible carbon offsets. More Information eligible offsetA carbon offset is an investment in a project or activity that reduces greenhouse gas (GHG) emissions or sequesters carbon from the atmosphere that is used to compensate for GHG emissions from your own activities. For more information see here. units
    [Q19]
    What evidence of purchase can customers expect to receive when buying carbon offsets from your organisation?
    - Certificate for amount of offsetA carbon offset is an investment in a project or activity that reduces greenhouse gas (GHG) emissions or sequesters carbon from the atmosphere that is used to compensate for GHG emissions from your own activities. For more information see here. purchased
    - Independent certification and / or third party documentation in relation to the project
    - Certificate of Retirement/Acquittal
    - Certificate of Transfer/Ownership
    - Serial numbers to identify offsetA carbon offset is an investment in a project or activity that reduces greenhouse gas (GHG) emissions or sequesters carbon from the atmosphere that is used to compensate for GHG emissions from your own activities. For more information see here. units purchased
    - Tax Invoice
    What documentation is available to customers about the carbon offset project/s as part of the education and quality assurance process?
    [Q22]- Validation Report – From the Relevant Standard
    - Certification Report – From the Auditors
    - ACT has an online registry and transaction log as well as a control panel for suppliers and purchasers to track thier abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. activities.
    Minimum tonnage required per transaction?
    [Q23]- None


    [Find out more about issues relating to offsetting]
    [Find out more about Certification Standards]

    Resources

    Resources

    Do you provide a carbon footprint calculation service for your customers?
    [Q12]- No
    Carbon calculation - methodology, standards or guidelines
    [Q13]- ACT works under the regulations contained in the Carbon Farming InitiativeThe Carbon Credits (Carbon Farming Initiative) Bill 2011 provides legislation that gives landholders, farmers and forest growers incentives to undertake land sector abatement projects. The scheme will credit the greenhouse gas abatement achieved by either:
    - Reducing or avoiding emissions, for example, through capture and destruction of methane emissions from landfill or livestock manure; or
    - Removing carbon from the atmosphere and storing it in soil or trees, for example, by growing a forest, or farming in a way that increases soil carbon.

    The CFI will create credits called Australian Carbon Credit Units (ACCUs). One ACCU will equal one tonne of CO2-e
    Do you apply National Greenhouse Accounts Factors full fuel cycle emissions conversion factors to calculate customer emissions?
    [Q14]- Yes
    In your calculation of customer emissions which of the 6 Kyoto Protocol greenhouse gases do you include?
    [Q15]- Carbon dioxideA greenhouse gas that is produced as a by-product of oil and gas production, burning fossil fuels and biomassBiomass is non-fossilized and organic biodegradable material that can be used as fuel or for industrial production. Most commonly, biomass refers to plant matter grown for use as Biofuels, but it also includes plant or animal matter used for production of fibres, chemicals or heat. Biomass may also include biodegradable wastes that can be burnt as fuel. , as well as from all animals, plants, and a number of other natural sources. Carbon dioxide is the principal anthropogenic greenhouse gas that affects the earth’s temperature.
    - MethaneMethane (CH4) is a greenhouse gas with a GWPGlobal warming potential (GWP) measured in CO2e, is the potency of greenhouse gases, meaning their ability to trap heat in the atmosphere, through the difference in time greenhouse gases remain in the atmosphere, and their effectiveness in absorbing outgoing infrared radiation. The GWP is a numerical measure relative to carbon dioxide, the most abundant greenhouse gas. So carbon dioxide itself has a GWP of 1 and, for example, methane has a GWP of 21. of 21.
    - Nitrous oxideAgriculture accounts for the majority of nitrous oxide (N2O) emissions in Australia, The transport sector also contributes to emissions of N2O. N2O has a high global warming potentialGlobal warming potential (GWP) measured in CO2e, is the potency of greenhouse gases, meaning their ability to trap heat in the atmosphere, through the difference in time greenhouse gases remain in the atmosphere, and their effectiveness in absorbing outgoing infrared radiation. The GWP is a numerical measure relative to carbon dioxide, the most abundant greenhouse gas. So carbon dioxide itself has a GWP of 1 and, for example, methane has a GWP of 21. of about 310 times that of CO2A greenhouse gas that is produced as a by-product of oil and gas production, burning fossil fuels and biomass, as well as from all animals, plants, and a number of other natural sources. Carbon dioxide is the principal anthropogenic greenhouse gas that affects the earth’s temperature..it breaks down very slowly – over about 120 years
    - Sulphur hexafluorideSulphur hexafluoride (SF6Sulphur hexafluoride (SF6) is a man-made chemical. The major sources of SF6 release include leakage from electrical switchgear, from magnesium smelting processes and use in semiconductor manufacture. It has by far the highest global warming potential (23,900 times that of carbon dioxide), however it is only released in relatively small amounts.) is a man-made chemical. The major sources of SF6 release include leakageIn relation to carbon offsets, leakage is the direct or indirect increase in GHG emissions from a greenhouse gas reduction project, which is also measurable and attributable to the project. from electrical switchgear, from magnesium smelting processes and use in semiconductor manufacture. It has by far the highest global warming potentialGlobal warming potential (GWP) measured in CO2e, is the potency of greenhouse gases, meaning their ability to trap heat in the atmosphere, through the difference in time greenhouse gases remain in the atmosphere, and their effectiveness in absorbing outgoing infrared radiation. The GWP is a numerical measure relative to carbon dioxide, the most abundant greenhouse gas. So carbon dioxide itself has a GWP of 1 and, for example, methane has a GWP of 21. (23,900 times that of carbon dioxideA greenhouse gas that is produced as a by-product of oil and gas production, burning fossil fuels and biomass, as well as from all animals, plants, and a number of other natural sources. Carbon dioxide is the principal anthropogenic greenhouse gas that affects the earth’s temperature.), however it is only released in relatively small amounts.
    - HydrofluorocarbonsMajor releases of HFCs are from leakageIn relation to carbon offsets, leakage is the direct or indirect increase in GHG emissions from a greenhouse gas reduction project, which is also measurable and attributable to the project. from refrigeration equipment during operation and its end-of-life destruction. Minor releases arise from the use of HFC-containing aerosols, air conditioners and metered dose inhalers.HFCs have very high global warming potentials (140 to 11,700 times that of carbon dioxideA greenhouse gas that is produced as a by-product of oil and gas production, burning fossil fuels and biomass, as well as from all animals, plants, and a number of other natural sources. Carbon dioxide is the principal anthropogenic greenhouse gas that affects the earth’s temperature.).
    - PerfluorocarbonsMost emissions of PFCsMost emissions of PFCs in Australia are generated during aluminium production. PFCs have extremely high global warming potentials (5000 to 10,000 times that of carbon dioxide). However, because they are only released in relatively small amounts, their contribution to global warming is minor. Due to their stability they have very long atmospheric lifetimes (thousands of years). in Australia are generated during aluminium production. PFCs have extremely high global warming potentials (5000 to 10,000 times that of carbon dioxideA greenhouse gas that is produced as a by-product of oil and gas production, burning fossil fuels and biomass, as well as from all animals, plants, and a number of other natural sources. Carbon dioxide is the principal anthropogenic greenhouse gas that affects the earth’s temperature.). However, because they are only released in relatively small amounts, their contribution to global warming is minor. Due to their stability they have very long atmospheric lifetimes (thousands of years).
    Other carbon management services
    [Q11]- Advisory services
    - Scoping customer emissions
    - Measuring and reporting services for carbon abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. projects
    - Management services for forest sink projects including carbon matching services
    - Project developments
    - Project assessment
    - Business design
    - Carbon pool management and individual project management
    - Total farm carbon management plans, farm emissions auditing and forest sink assessments


    [Find out more about carbon offsetting]

    Projects

    Project Information

    Various forestry projects | ACT | NSW | NT | QLD | SA | TAS | VIC | WA ACT, NSW, NT, QLD, SA, TAS, VIC, WA Plantation of monoculture non-native plantation for harvesting, Plantation of monoculture of native species for harvesting, Afforestation / reforestation with Australian native vegetation (as opposed to locally appropriate), Afforestation / reforestation with multiple locally occurring species of vegetation Methane landfill Land Use Land Use Change and Forestry RMUs NSW Greenhouse Gas Abatement Scheme NGACs

    General Information

    [Q28, Q31]Own Project | Please refer to Australian Carbon Traders website for the extensive range of services offered to landholders, purcacers and pool managers at www.australiancarbontraders.com.au.
    Price per tonne of CO2e
    [Q30]

    N/A

    Project Type(s)
    [Q32] - Plantation of monocultureThe practice of producing or growing one single crop over a wide area. non-native plantation for harvesting
    - Plantation of monoculture of native species for harvesting
    - AfforestationThe direct human-induced conversion of land that has not been forested for a period of at least 50 years to forested land through planting, seeding and/or the human-induced promotion of natural seed. / reforestationThe reestablishment of forest on land that was previously forested but converted to another use before 31.12.1989. with Australian native vegetation (as opposed to locally appropriate)
    - Afforestation / reforestation with multiple locally occurring species of vegetation
    - MethaneMethane (CH4) is a greenhouse gas with a GWP of 21. landfillA specially designed site for the disposal of waste to land by burial.
    Project Location(s)
    [Q33, Q34]Australia | ACT | NSW | NT | QLD | SA | TAS | VIC | WA
    Project Size (tonnes of CO2e)
    [Q35] Various.
    The carbon offset project / program uses private land?
    [Q32a]- Yes, we operate on private land for interested parties
    - Yes, our operations aim to embrace private landholders in select regions
    - Our operations are also located on our land and the land of our partners.

    Quality

    Crediting period of the project (in years)
    [Q37]- Information not supplied
    Accreditation or certification achieved as at August 2011
    [Q38]- Land Use Land Use Change and Forestry RMUsRemoval Units are carbon credits that are derived from LULUCF projects in industrialised countries that absorb carbon dioxide. An RMU is equal to one metric tonne of CO2e.
    - NSW Greenhouse Gas Abatement SchemeNew South Wales Greenhouse Gas Abatement Scheme commenced on 1 January 2003 and targets are set until 2012. It is one of the first mandatory greenhouse gas emissions trading schemes in the world. GGAS aims to reduce greenhouse gas emissions associated with the production and use of electricity. For more information see here. NGACsNew South Wales Greenhouse Gas Abatement Certificate is a tradeable commodity used in the NSW GGAS. One NGAC represents the abatement of one tonne of CO2e associated with the consumption of electricity in NSW. NGACs are transferable certificates that may only be created by accredited abatement certificate providers.
    Are the verified emission reductions created from this project NCOS compliant abatement?
    [Q41]

    - Yes, NCOSThe Commonwealth Government’s National Carbon Offset StandardThe Commonwealth Government’s National Carbon Offset Standard (NCOS) came into effect on 1 July 2010 coinciding with the cessation of the Government’s Greenhouse Friendly™ program. It is intended to ensure that consumers have confidence in the voluntary carbon offset market and the integrity of the carbon offset and carbon neutral products they purchase. It provides guidance to businesses who wish to make their organisation carbon neutral or develop carbon neutral products in a way that achieves emissions reductions, through the purchase and cancellation of eligible carbon offsets. More Information (NCOS) came into effect on 1 July 2010 coinciding with the cessation of the Government’s Greenhouse Friendly™The Greenhouse Friendly™ initiative operated between 2001 and 30 June 2010. It certified carbon neutral products and services and approved abatement credits for sale on the voluntary market. Applications for new abatement projects have closed. These were not considered eligible offsets under NCOS and could not be retired for the purpose of becoming carbon neutral under the NCOS from 1 July 2010. This situation may change in future as a result of reviews of the NCOS by DCCEE. program. It is intended to ensure that consumers have confidence in the voluntary carbon offset market and the integrity of the carbon offset and carbon neutralA voluntary mechanism where an activity, event, household, business or organisation is responsible for no net emissions of greenhouse gases and can therefore be declared carbon neutral in that specific area. Carbon neutrality can be achieved by reducing emissions as far as possible (e.g. energy efficiency, purchasing renewable energy) and then purchasing offsets for any residual emissions in order to achieve zero net emissions. products they purchase. It provides guidance to businesses who wish to make their organisation carbon neutral or develop carbon neutral products in a way that achieves emissions reductions, through the purchase and cancellation of eligible carbon offsets. More Information eligible offsetA carbon offset is an investment in a project or activity that reduces greenhouse gas (GHGGreenhouse Gases in the earth's atmosphere absorb and re-emit infrared radiation. The Kyoto Protocol lists six major greenhouse gases, which vary in their relative warming effect. The six gases are: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), HFCs (hydrofluorocarbons), PFCs (perfluorocarbons) and sulphur hexafluoride (SF6).) emissions or sequesters carbon from the atmosphere that is used to compensate for GHG emissions from your own activities. For more information see here. units

    The ancillary or co-benefits of this project
    [Q42]- .
    Do you forward sellThe sale of carbon offsets for emissions reductions or sequestration that have not yet occurred and therefore can not be precisely measured. abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. from this project
    [Q43]- Both forward sold and retrospective abatement available
    [Q43 Explanation]Explanation to Customers on which type they are buying
    Purchasers will either purchase issued credits unless they are investing, in which case they will be signing contracts. ACT does not sell small amounts of forward credits, it only sells large volumes as investments in projects
    The registry on which offsets from this project are registered
    [Q44]- New South Wales Greenhouse Gas and Energy Savings Scheme Registry
    - Our organisations internal registry
    - Australian National registry of Environmental Units.
    The process for retiring offsets from this project off the market
    [Q45]- Via our organisations internal registry.
    How is the retirement of abatement verified to your client?
    [Q46]- Information not supplied

    Contact Details

    Contact Details

    For more information please contact:

    Australian Carbon Traders
    www.australiancarbontraders.com
    +61 3 5470 5722
    Information Submitted by Australian Carbon Traders in October 2011