Carbon Trade Exchange

  • Return to Summary of all Providers
    Primary activity : Trading platform provider    Price (per tonne CO2e) : AU$0 - AU$20

    Summary

    Carbon Trade Exchange's view on the role of carbon offsets in addressing climate change

    "Carbon Credits provide the key financing element in the fight against climate change, allowing money to be put back into helping to reduce the effects that GHGGreenhouse Gases in the earth's atmosphere absorb and re-emit infrared radiation. The Kyoto ProtocolAn international agreement linked to the UNFCCC and sharing its aim of stabilising atmospheric concentrations of greenhouse gases, but requiring separate ratification by governments. The Kyoto Protocol, among other things, sets binding targets for the reduction of greenhouse-gas emissions by industrialized countries. It entered into force for ratifying countries in February 2006 and commits developed nations to collectively cut their greenhouse gas emissions by 5.2 per cent of 1990 levels by 2012. Came into force in Australia on 11 March 2008. lists six major greenhouse gases, which vary in their relative warming effect. The six gases are: 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. (CO2), methaneMethane (CH4) is a greenhouse gas with a GWP of 21. (CH4), 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 (N2O), HFCs (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).), 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). (perfluorocarbons) and sulphur 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.). have on our environment.
    Carbon Trade Exchange is the first global electronic spot trading platform for voluntary carbon credits (e.g. VERsVerified Emission Reductions or Voluntary Emissions Reductions are tradable credits for greenhouse emission reduction activities generated to meet voluntary demand for carbon credits by organisations and individuals wanting to 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. their own emissions. VERs can be generated from projects to which a range of circumstances might apply, including:
    - are either based in a country that has not ratified the Kyoto Protocol (e.g. USA) or does not have the infrastructure to support 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. project development;
    - have not yet been registered under the CDM;
    - fall outside the scope of the CDM;
    - are too small to warrant the costs of CDM approval;
    - are specifically developed for the voluntary market.
    ) and soon to be compliance carbon credits (e.g. CERsCertified Emission ReductionsCertified Emission Reductions are credits generated under Kyoto's CDM. One CER unit is equivalent to the reduction of one metric tonne of CO2e. They are designed to be used by industrialised countries to count towards meeting their Kyoto targets. They can also be used as part of domestic targets, for example EU companies and governments use them as offsets against their emissions under the EU Emissions Trading Scheme. are credits generated under Kyoto's CDM. One CER unit is equivalent to the reduction of one metric tonne of CO2eCarbon dioxide equivalent. In order to compare emissions between the six Kyoto Protocol greenhouse gases they have been assigned a global warming potential (GWP) measured in carbon dioxide equivalents to reflect their influence on warming the atmosphere. GWP is a relative scale, where CO2 = 1. The other gases are given a number based on their effect on the atmosphere relative to CO2. For example, methane has a GWP of 21, meaning it has 21 times the amount of heating capacity of CO2.. They are designed to be used by industrialised countries to count towards meeting their Kyoto targets. They can also be used as part of domestic targets, for example EU companies and governments use them as offsets against their emissions under the EU Emissions TradingUsually means an ETS. In relation to the Kyoto Protocol, Annex I countries can trade emissions reduction credits in order to comply with their Kyoto-assigned targets. (See also ETS.) Scheme.). Carbon Trade Exchange is a fully secure web based platform which can be accessed by its members to buy or sell carbon credits from anywhere in the world, creating a central hub of carbon market participants including project originators, carbon brokers, carbon consultants and auditors, NGO’s, large corporates and SME’s.

    The aim of Carbon Trade Exchange is to provide a trusted, fully transparent marketplace where businesses can buy carbon permits/offsets while being confident in the quality and origin of the products being sold. Through its strategic alliance with the leading international carbon registries (including Markit Environmental Registry & CDC Climat), Carbon Trade Exchange is able to list all the major internationally recognised Voluntary Carbon Standards,including VCSThe VCS Program includes the standard (VCS 2007Is a certification standard for carbon offset projects. It provides a global standard for voluntary GHG emission reduction and removal projects and their validation and verification.) and the Program Guidelines 2007. The VCS Program provides a global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. and Gold StandardA certification standard for carbon offset projects. Initiated by WWF, SSN and Helio International, the Gold Standard for CDM projects was launched in 2003 after wide-ranging stakeholder consultation among key actors of the carbon market as well as governments. For more information see here.. The platform allows members to easily select specific types of projects (credits) from around the world, type of accreditation, vintage, location and ultimately the price they are willing to pay. All verification documentation, photos, and videos of each project are easily accessible through our online portal. The benefit of Carbon Trade Exchange is it allows business of all sizes to access the market with trades as small as 100t and as large as 10,000,000t possible"


    Detailed InformationClick on the tabs below for more information:

    Summary

    Role in the Carbon Offset Market
    [Q1]Trading platform provider
    Main client base
    [Q3]Commercial business, brokers, project originators

    Offset Products

    Offset Products

    Price(s) per tonne
    [Q17]AU$0 - AU$20
    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
    - Avoided deforestation
    - MethaneMethane (CH4) is a greenhouse gas with a GWP of 21. landfillA specially designed site for the disposal of waste to land by burial.
    - Methane coal
    - Solar
    - Wind
    - 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.
    - Hydroelectric (small scale)
    - Energy EfficiencyEnergy efficiency improvements refer to a reduction in the energy used for a given service (heating, lighting, etc.) or level of activity. Such savings are generally achieved by substituting technologically more advanced equipment to produce the same level of end-use services (e.g. lighting, heating, motor drive) with less electricity.
    - Industrial Gas Destruction
    Project Location(s)
    [Q33]- International

    [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]Information not provided
    Offsets generated and sold by Carbon Trade Exchange
    [Q38]- Clean Development MechanismClean 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. CERsCertified Emission Reductions are credits generated under Kyoto's CDM. One CER unit is equivalent to the reduction of one metric tonne of CO2e. They are designed to be used by industrialised countries to count towards meeting their Kyoto targets. They can also be used as part of domestic targets, for example EU companies and governments use them as offsets against their emissions under the EU Emissions Trading Scheme.
    - Clean Development MechanismClean 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. lCERs
    - Clean Development MechanismClean 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. tCERs
    - Joint Implementation ERUsAn Emission Reduction Unit is a Kyoto Protocol unit equal to 1 metric tonne of CO2e. ERUs are generated from activities to reduce greenhouse emissions from the joint implementation mechanism under the Kyoto Protocol.
    - VER+The VER Plus (VER+) is a carbon offset standard and closely follows the Kyoto Protocol’s project-based mechanisms (CDM and JI). It does not focus on co-benefits. The VER+ standard was developed by TÜV SÜD, a Designated Operational Entity (DOE) for the validation and verification of CDM projects. It was designed for project developers who have projects that cannot be implemented under CDM yet who want to use very similar procedures as the CDM. The VER Plus was launched in mid 2007.
    - Gold StandardA certification standard for carbon offset projects. Initiated by WWF, SSN and Helio International, the Gold Standard for CDM projects was launched in 2003 after wide-ranging stakeholder consultation among key actors of the carbon market as well as governments. For more information see here. VERsVerified Emission Reductions or Voluntary Emissions Reductions are tradable credits for greenhouse emission reduction activities generated to meet voluntary demand for carbon credits by organisations and individuals wanting to offset their own emissions. VERs can be generated from projects to which a range of circumstances might apply, including:
    - are either based in a country that has not ratified the Kyoto Protocol (e.g. USA) or does not have the infrastructure to support CDM project development;
    - have not yet been registered under the CDM;
    - fall outside the scope of the CDM;
    - are too small to warrant the costs of CDM approval;
    - are specifically developed for the voluntary market.

    - Verified Carbon StandardThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. VCUs
    How does your organisation calculate the amount and price of carbon offset required by customers?
    [Q10]- Personal contact from clients with specific needs for type 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. and tonnage
    - Personal contact from customers wanting the service of carbon footprinting and (generic) 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. purchase to achieve carbon neutrality
    Do you provide quality assurance or technical documentation on your web site or on request?
    [Q16]

    This is exclusive to our members and only available on our platform

    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 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]- Project Design DocumentA Project Design Document is the official application drawn up by an entity applying for project approval under the Clean Development Mechanism (CDM). PDDs must be validated by an independent third party, then approved and registered by the CDM Executive Board before a project qualifies as a CER carbon credit earner. as defined under Kyoto
    - Validation Report – From the Relevant Standard
    - Certification Report – From the Auditors
    - All due-diligence in relation to the project listed on our exchange is available before buying any of the credits. This includes all the credit standardisation to confirm credits are accredited.
    Minimum tonnage required per transaction?
    [Q23]- More than 100


    [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
    Do you apply National Greenhouse Accounts Factors full fuel cycle emissions conversion factors to calculate customer emissions?
    [Q14]-
    Other carbon management services
    [Q11]- Advisory services
    - Carbon Trade Exchange provides a marketplace where buyers and sellers of carbon credits can execute transactions, using our registry and banking interfaces.

    [Find out more about carbon offsetting]

    Projects

    Project Information

    VCS, Gold Standard and other standards held in either Markit, CDC Climat or American Carbon Registries. | International International 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, Avoided deforestation Methane landfill, Methane coal Solar, Wind, Biomass, Hydroelectric (small scale) Energy Efficiency, Industrial Gas Destruction Clean Development Mechanism (CDM) Joint Implementation ERUs Verified Emission Reductions (VER) Gold Standard VERs Verified Carbon Standard VCUs

    General Information

    This project is not owned by Carbon Trade Exchange | N/A
    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
    - Avoided deforestation
    - MethaneMethane (CH4) is a greenhouse gas with a GWP of 21. landfillA specially designed site for the disposal of waste to land by burial.
    - Methane coal
    - Solar
    - Wind
    - 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.
    - Hydroelectric (small scale)
    - Energy EfficiencyEnergy efficiency improvements refer to a reduction in the energy used for a given service (heating, lighting, etc.) or level of activity. Such savings are generally achieved by substituting technologically more advanced equipment to produce the same level of end-use services (e.g. lighting, heating, motor drive) with less electricity.
    - Industrial Gas Destruction
    The carbon offset project / program uses private land?
    [Q32a]- Cover all sectors

    Quality

    Accreditation or certification achieved as at August 2011
    [Q38]- Clean Development MechanismClean 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. CERsCertified Emission Reductions are credits generated under Kyoto's CDM. One CER unit is equivalent to the reduction of one metric tonne of CO2e. They are designed to be used by industrialised countries to count towards meeting their Kyoto targets. They can also be used as part of domestic targets, for example EU companies and governments use them as offsets against their emissions under the EU Emissions Trading Scheme.
    - Clean Development MechanismClean 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. lCERs
    - Clean Development MechanismClean 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. tCERs
    - Joint Implementation ERUsAn Emission Reduction Unit is a Kyoto Protocol unit equal to 1 metric tonne of CO2e. ERUs are generated from activities to reduce greenhouse emissions from the joint implementation mechanism under the Kyoto Protocol.
    - VER+The VER Plus (VER+) is a carbon offset standard and closely follows the Kyoto Protocol’s project-based mechanisms (CDM and JI). It does not focus on co-benefits. The VER+ standard was developed by TÜV SÜD, a Designated Operational Entity (DOE) for the validation and verification of CDM projects. It was designed for project developers who have projects that cannot be implemented under CDM yet who want to use very similar procedures as the CDM. The VER Plus was launched in mid 2007.
    - Gold Standard VERsVerified Emission Reductions or Voluntary Emissions Reductions are tradable credits for greenhouse emission reduction activities generated to meet voluntary demand for carbon credits by organisations and individuals wanting to offset their own emissions. VERs can be generated from projects to which a range of circumstances might apply, including:
    - are either based in a country that has not ratified the Kyoto Protocol (e.g. USA) or does not have the infrastructure to support CDM project development;
    - have not yet been registered under the CDM;
    - fall outside the scope of the CDM;
    - are too small to warrant the costs of CDM approval;
    - are specifically developed for the voluntary market.

    - Verified Carbon StandardThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. VCUs
    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


    Contact Details

    Contact Details

    For more information please contact:

    Carbon Trade Exchange
    www.carbontradexchange.com www.thectx.com
    +61 (0) 2 8090 3434
    Level 6, 50 King Street Sydney NSW 2000