Carbon Reduction Institute
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Primary activity : RetailerCarbon offset retailers either fund or purchase carbon offsets in large quantities and then on sell them to individual consumers in smaller quantities. Price (per tonne CO2e) : AU$11 - AU$20
Summary
Carbon Reduction Institute's view on the role of carbon offsets in addressing climate change"There is no single answer to climate change. Offsets are part of the solution. They drive funding into carbon reducing initiatives. Offsets however cannot be the sole driver for investment into climate change; stronger legal instruments are needed to provide incentives for carbon reducing behaviours and prevent emitting activities from continuing."
Detailed InformationClick on the tabs below for more information:
Summary
Role in the Carbon Offset Market[Q1]RetailerMain client base[Q3]BusinessesOffset Products
Offset Products
Price(s) per tonne[Q17]AU$11 - AU$20Project Type(s)[Q26]- Energy Efficiency
- BiomassOffers offsets packaged with other services? (such as footprinting, carbon neutrality etc)[Q10]Yes
[Find out more about project types]Offset Quality
Offset Quality
Offsets generated and sold by Carbon Reduction Institute[Q33a]- Voluntary Carbon StandardThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here.
- CDMClean Development Mechanism is a Kyoto Protocol mechanism under which projects set up in developing countries to reduce GHGs generate tradeable credits called CERs. The credits can be used by industrialised nations to help meet their Kyoto reduction targets. Find out more here.Do you provide quality assurance or technical documentation on your web site or on request?[Q16]http://www.noco2.com.au/web/page/offset
Is this organisation third party independently audited for the retirement of offsets and / or RECs?No
[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]- Yes, our own online calculator
- Yes, personalised assessmentCarbon calculation - methodology, standards or guidelines[Q13]- NGA FactorsThe National Greenhouse Accounts (NGA) Factors is an Australian guide to emission factors from a range of sectors that is used by companies to calculate greenhouse gases. It is prepared by the Department of Climate Change and replaces the AGO Factors & Methods Workbook. For more information, see here.
- GHG ProtocolSee WRI / WBCSD GHG Protocol
- ISO 14000ISO 14000 is a set of international standards, which provide a framework for the development of an environmental management system (EMS) and supporting audit programs. The ISO 14000 series are intended to help organisations comply with applicable laws, regulations and requirements and to continually improve on their environmental performance.
- ISO 14064A global GHG accounting, reporting and verification standard. The goal of the standard is to 'provide a set of unambiguous and verifiable requirements or specifications to support organisations and proponents of GHG emissions reductions projects.'
- Carbon Trust’s PAS 2050PAS 2050 is a product carbon footprinting standard. It provides a method for assessing the GHG emissions arising from products across their life cycle, from initial sourcing of raw materials through manufacture, transport, use and ultimately recycling or waste. The Carbon Trust and Defra co-sponsored the publication by the British Standards Institution of PAS 2050.To calculate customer emissions do you apply National Greenhouse Accounts Factors full fuel cycle emissions conversion factors?[Q14]- YesIn 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 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.
- MethaneMethane (CH4) is a greenhouse gas with a GWP 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 potential of about 310 times that of CO2.it breaks down very slowly – over about 120 years
- HydrofluorocarbonsMajor releases of HFCs are from leakage 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 dioxide).
- PerfluorocarbonsMost 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).Other carbon management services[Q11]- Footprinting services
- Advisory services
- Carbon neutrality
- Scoping customer emissions
- Auditing
- Emissions reductionA measurable reduction in the level of greenhouse gases being emitted by a country, state, organisation or individual. products and services e.g. sale of energy efficient products
- Emissions monitoring
[Find out more about carbon offsetting]Projects
Project Information
New Zealand Household Energy Efficient Lighting Projects (HELP) |
General Information
This project is not owned by Carbon Reduction InstitutePrice per tonne of CO2e[Q24]$16.50
Project Type(s)[Q26]- Energy EfficiencyQuality
Accreditation or certification achieved 9 October 2009[Q33a]- Voluntary Carbon StandardThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here.Registry on which project is registered[Q36]- VCSThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. Registry
- Markit Environmental Registry Australian Climate ExchangeProcess followed for retiring offsets from this project off the market[Q37]- We retire them (later) in lump sum batches on behalf of the customerRetirement of abatement verified to your client via[Q38] - Tax Receipt
- 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)
7.5 MW Grid-Connected Biomass Power Project, by Ravi Kiran Power Projects Private Limited |
General Information
This project is not owned by Carbon Reduction InstitutePrice per tonne of CO2e[Q24]$20 per tonne. Negotiable for larger volumes.
Project Type(s)[Q26]- BiomassQuality
Accreditation or certification achieved 9 October 2009[Q33a]- CDMClean Development Mechanism is a Kyoto Protocol mechanism under which projects set up in developing countries to reduce GHGs generate tradeable credits called CERs. The credits can be used by industrialised nations to help meet their Kyoto reduction targets. Find out more here.Registry on which project is registered[Q36]- CDMClean Development Mechanism is a Kyoto Protocol mechanism under which projects set up in developing countries to reduce GHGs generate tradeable credits called CERs. The credits can be used by industrialised nations to help meet their Kyoto reduction targets. Find out more here. Registry
- The Australian Climate ExchangeProcess followed for retiring offsets from this project off the market[Q37]- We retire them (later) in lump sum batches on behalf of the customerRetirement of abatement verified to your client via[Q38] - Tax Receipt
- 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)Contact Details
Contact Details
For more information please contact:
Carbon Reduction Institute
www.noco2.com.au
02 9439 9990
Suite 13, 38-46 Albany Street ST Leonards NSW 2065Information Submitted by Carbon Reduction Institute on 9 October 2009
