Change Australia
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Primary activity : Project developerThe person or organisation that set up an offset generating project for the purpose of selling carbon offsets 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. Price (per tonne CO2e) : AU$0 - AU$30
Summary
Change Australia's view on the role of carbon offsets in addressing climate change"Change Australia will be covering Asia Carbon Global's (ACG) growing interest in Australia and New Zealand. Our vision is to create a socially responsible corporate world committed to improving the environment through mitigating climate change for the betterment of humankind.
Asia Carbon positions itself as an organization that provides an integrated and seamless approach to the business of energy, environment and sustainable development, with a specific focus on the flexible market mechanisms of the Kyoto ProtocolAn international agreement linked to the UNFCCCThe United Nations Framework Convention on Climate Change was established in 1992 at the Rio Earth Summit and currently has 189 signatory countries. It is aimed at stabilising atmospheric concentrations of greenhouse gases. 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.. ACG has a global network, providing services to assist organizations, parties, countries in meeting their targets, compliances, or voluntary commitment to contribute in reducing 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 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), methane (CH4Methane (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 (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.). in the world."Detailed InformationClick on the tabs below for more information:
Summary
Role in the Carbon Offset Market[Q1]Project developer, Retailer, BrokerMain client base[Q3]corporate, various industries, energy companies, individualsBroker
Broker Information
Types of transactions in carbon credits offered[Q22]- 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)Standard brokerage fees determined by[Q23]- Our brokerage fees are a combination fixed and volume basedIndicative pricing[Q24]- 8% for 100 offsets
- 6% for 1,000 offsets
- 4% for 10,000 offsetsMinimum tonnage required per transaction?[Q25]- More than 100Customer able to retire all or some of the offsets as part of your brokerage services[Q26]- On request for an extra feeIndependent certification and/or third party documentation to prove the validity of all the different offsets that you provide available[Q27]- Automatically every timeDocumentation types made available to clients[Q28]- Validation Report – From the Relevant Standard
- Certification Report – From the Auditors
- Certificate of RetirementIn the context of carbon offsets, this is the act of removing a carbon credit or permit from the market so that abatement cannot be traded any further. Retiring offsets helps to prevent the resale or reuse of offsets that have already been used. /Acquittal
- Certificate of Transfer/OwnershipOffset Products
Offset Products
Price(s) per tonne[Q17]AU$0 - AU$30Project Type(s)[Q26]- Wind
- Energy Efficiency
- waste energy recoveryOffers 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 Change Australia[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]NoIs 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]- 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.'
- 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.
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.
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. under 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.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
- Sulphur hexafluorideSulphur 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.
- 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
- 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
- Carbon Advisory
- Carbon TradingA term used to describe an ETS involving greenhouse gas emissions.
- Carbon Finance
- Climate Change Consultancy
- Climate Change Capacity Building
[Find out more about carbon offsetting]Projects
Project Information
6.6MW GRID CONNECTED WIND POWER PROJECT |
General Information
This project is not owned by Change AustraliaPrice per tonne of CO2e[Q24]$5
Project Type(s)[Q26]- WindQuality
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.Process followed for retiring offsets from this project off the market[Q37]- We transfer the abatement into the clients name to retire at their convenienceRetirement of abatement verified to your client via[Q38] - 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)
Installation of multi slit burner in Sinter plant |
General Information
This project is not owned by Change AustraliaPrice per tonne of CO2e[Q24]$2
Project Type(s)[Q26]- Energy EfficiencyQuality
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]- internal registryProcess followed for retiring offsets from this project off the market[Q37]- We retire them on request by the customerRetirement of abatement verified to your client via[Q38] - 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)
Heat recovery from sinter cooler of sinter plant |
General Information
This project is not owned by Change AustraliaPrice per tonne of CO2e[Q24]$2
Project Type(s)[Q26]- waste energy recoveryQuality
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]- internal registryProcess followed for retiring offsets from this project off the market[Q37]- We retire them on request by the customerRetirement of abatement verified to your client via[Q38] - 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)Contact Details
Contact Details
For more information please contact:
Change Australia
www.asiacarbon.com
+61738062882/ +6562251791
No 2 Nerrima Street. Shailer Park Brisbane. Qld 4128 Australia 140 Cecil Street PIL Building #06-01 Singapore 069540Information Submitted by Change Australia on 9 October 2009




