Greenfleet

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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. , Not-for-ProfitIn the Carbon Offset Guide not-for-profit entities must have appropriate legal status, which means that they must have a formal structure; be self-governing; be private; be non-profit-distributing; and have some meaningful degree of voluntary involvement.    Price (per tonne CO2e) : AU$11 - AU$20

    Summary

    Greenfleet's view on the role of carbon offsets in addressing climate change

    "Carbon offsets are part of, not the whole answer to, addressing climate change. Offsets form part of the strategy to AVOID creating emissions, to REDUCE the rate at which emissions are created and finally OFFSET to take greenhouse gasesGreenhouse 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.). out of the atmosphere.

    Greenfleet exists to make a difference, not a profit. We encourage organisations and individuals to reduce the greenhouse gases they produce and then offset their remaining emissions by planting biodiverse native forests.

    The forests Greenfleet plants do more than just take carbon from the atmosphere. We plant a wide variety of native trees in permanent forests that help to reduce salinity and soil erosion, provide essential habitat for native wildlife, improve water quality in rivers and streams, provide wind-breaks, and invest in rural communities.

    Established in 1997, Greenfleet has planted around 7.5 million trees on behalf of Australian individuals and businesses who are taking action to reduce their contribution to climate change. As they grow, these trees will recapture more than 2 million tonnes of 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. – equivalent to taking more than 500,000 average cars off the road for an entire year."


    Detailed InformationClick on the tabs below for more information:

    Summary

    Role in the Carbon Offset Market
    [Q1]Project developer, Retailer
    Not-for-Profit
    Main client base
    [Q3]Individuals, government, SMEs, large corporations, industry associations

    Offset Products

    Offset Products

    Price(s) per tonne
    [Q17]AU$11 - AU$20
    Project Type(s)
    [Q32] - 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 multiple locally occurring species of vegetation
    - Soil sequestration
    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]Information not provided
    Offsets generated and sold by Greenfleet
    [Q38]- Approved under former Greenhouse FriendlyThe 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. programme. Aim to gain 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 (CFI) approval once regulations and methodologies are finalised.
    - Greenhouse FriendlyThe 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. Approved AbatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. Provider
    How does your organisation calculate the amount and price of carbon offset required by customers?
    [Q10]- Customer’s online data input about flights, car usage, electricity consumption etc. (i.e. online only service)
    - 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
    Relevant third party verification (not accreditation / certification)
    [Q35] - Greenhouse FriendlyThe 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. Approved AbatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. Provider status (methodology only). Abatement to be verified under CFIThe 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 once regulations and methodologies are finalised.
    Do you provide quality assurance or technical documentation on your web site or on request?
    [Q16]

    http://www.greenfleet.com.au/Global/Researchers/Technical_information/in...

    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] No
    [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
    - Tax Invoice
    What documentation is available to customers about the carbon offset project/s as part of the education and quality assurance process?
    [Q22]- Information not supplied
    - Greenfleet intends to provide independent verification of our offsets, however given Greenhouse FriendlyThe 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. has been discontinued we are unable to provide these reports. Once 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 is fully operational, we will seek accreditation under this program and retireIn 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. Under the Kyoto Protocol retired units are also able to be used by Annex B countries to achieve compliance with their emissions targets. credits and provide appropriate documentation to purchasers of offsets.
    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]- Yes, our own online calculator
    Carbon 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 ProtocolThe Greenhouse Gas Protocol. The GHG Protocol is an international accounting tool for government and business to understand, quantify, and manage greenhouse gas emissions. It has been developed by a partnership between the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD) and provides an internationally accepted accounting framework for GHG standards and programs, as well as inventories prepared by individual companies.
    - Bureau of Infrastructure
    - Transport and Regional Economics Transport Statistics
    - ABS Survey of Motor Vehicle Use
    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
    - Gifts
    - 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
    - Measuring and reporting services for forest sink carbon abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. projects is currently in development.

    [Find out more about carbon offsetting]

    Projects

    Project Information

    National Biodiverse Reforestation Projects | ACT | NSW | QLD | SA | VIC | WA ACT, NSW, QLD, SA, VIC, WA Afforestation / reforestation with multiple locally occurring species of vegetation Approved under former Greenhouse Friendly programme. Aim to gain Carbon Farming Initiative (CFI) approval once regulations and methodologies are finalised.

    General Information

    [Q28, Q31]Own Project | Greenfleet plants biodiverse, native forests to act as permanent carbon sinksAny process which removes a greenhouse gas from the atmosphere. Major sinks include forests and other vegetation.. We plant a mixture of native species, local to each planting site, to provide positive local environment outcomes as well as carbon capture.

    Since 1997, Greenfleet has planted around 7.5 million trees, which will 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. more than 2 million tonnes CO2-eA standard measure that takes account of the different global warming potentials of greenhouse gases and expresses the cumulative effect in a common unit. as they grow. In 2009 Greenfleet planted 400,000 trees, to re-establish 400ha of forests at various sites across Vic, NSW, and Qld. We also monitored approximately 3,000ha of forests previously planted.
    Price per tonne of CO2e
    [Q30]

    AU$12.50 (income tax deductible) - self-serve via internet (individuals purchasing offsets for home, car, flights)
    AU$13.50 (+GST in some instances) - corporate purchases, assisted by Greenfleet staff

    Project Type(s)
    [Q32] - 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 multiple locally occurring species of vegetation
    Project Location(s)
    [Q33, Q34]Australia | ACT | NSW | QLD | SA | VIC | WA
    Project Size (tonnes of CO2e)
    [Q35] Average 268kg 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. per ha (in total over the life of the crediting period, not per year) across entire project. Total size of project > 7,500ha across multiple sites (and growing) with anticipated yields in excess of 200,000 CO2-eA standard measure that takes account of the different global warming potentials of greenhouse gases and expresses the cumulative effect in a common unit. tonnes by 2012. Sequestration models predict an exponential increase in carbon abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. for at least the first 20 years of each project.
    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

    Quality

    Date project started to generate verified emission reductions (VERs) / offset credits
    [Q36]- 1 Jan 1998
    Crediting period of the project (in years)
    [Q37]- This forest sink project methodology has been given a standard 5 year crediting period by Greenhouse Friendly. We anticipate similar rules will be applied for the CFI
    Accreditation or certification achieved as at August 2011
    [Q38]- Approved under former Greenhouse FriendlyThe 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. programme. Aim to gain 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 (CFI) approval once regulations and methodologies are finalised.
    Relevant third party verification (not accreditation / certification)
    [Q40]

    - Greenhouse FriendlyThe 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. initiative operated between 2001 and 30 June 2010. It certified 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 and services and approved abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. credits for sale on the voluntary market. Applications for new abatement projects have closed. These were not considered eligible offsets under 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 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 DCCEECommonwealth Governemnt Department of Climate Change and Energy Efficiency. For more information see http://www.climatechange.gov.au/ . Approved AbatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. Provider status (methodology only). Abatement to be verified under CFIThe Carbon Credits (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 ) 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 methaneMethane (CH4) is a greenhouse gas with a GWP of 21. emissions from landfillA specially designed site for the disposal of waste to land by burial. 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-eA standard measure that takes account of the different global warming potentials of greenhouse gases and expresses the cumulative effect in a common unit. .

    Are the verified emission reductions created from this project NCOS compliant abatement?
    [Q41]

    - No

    The ancillary or co-benefits of this project
    [Q42]- Additional environmental benefits include restoration of local ecosystems, native wildlife habitat and corridors, reduced salinity and erosion, improved water quality and increased resilience of landscape to adapt to climate change. Local planting contractors and nurseries are used where possible, so local community and economies also benefit.
    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]- Only forward sold abatement
    The registry on which offsets from this project are registered
    [Q44]- Our organisations internal registry
    - Currently maintaining internal database, until forests have matured enough to retireIn 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. Under the Kyoto Protocol retired units are also able to be used by Annex B countries to achieve compliance with their emissions targets. abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. to external registry and suitable standard is available (awaiting CFIThe 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
    ).
    The process for retiring offsets from this project off the market
    [Q45]- We retire them (later) in lump sum batches on behalf of the customer
    How is the retirement of abatement verified to your client?
    [Q46]- The most appropriate method, will be determined when we have verified offsets to retireIn 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. Under the Kyoto Protocol retired units are also able to be used by Annex B countries to achieve compliance with their emissions targets.. Yet to retire offsets (forests still growing) however, given the Federal Government's choice to sunset Greenhouse FriendlyThe 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., Greenfleet intend to retire further abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. through CFIThe 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
     / Clean Energy Future registry mechanism once it becomes fully operational.

    Greenfleet | ACT | NSW | QLD | SA | VIC | WA ACT, NSW, QLD, SA, VIC, WA Afforestation / reforestation with multiple locally occurring species of vegetation Soil sequestration Greenhouse Friendly Approved Abatement Provider

    General Information

    [Q28, Q31]Own Project | The Greenfleet program plants permanent native forests to sequesterThe uptake and storage of carbon from the atmosphere. For example trees and other plants sequester carbon dioxide from the atmosphere as they grow, through the process of photosynthesis. carbon and to create an investment in rural Australia for future generations. The program seeks to educate people about the impact of their emissions and works with them to avoid and reduce emissions before offsetting takes place.

    Price per tonne of CO2e
    [Q30]

    AU$12.50 (tax deductible for individuals) to AU$13.50 (+GST in some cases for corporate clients)

    Project Type(s)
    [Q32] - 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 multiple locally occurring species of vegetation
    - Soil sequestration
    Project Location(s)
    [Q33, Q34]Australia | ACT | NSW | QLD | SA | VIC | WA
    Project Size (tonnes of CO2e)
    [Q35] Average 268kg 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. per ha (in total, not per year) across entire project. Total size of project >7,500ha across multiple sites (and growing) with anticipated yields in excess of 200,000 CO2-eA standard measure that takes account of the different global warming potentials of greenhouse gases and expresses the cumulative effect in a common unit. tonnes by 2012. Sequestration models predict an exponential increase in carbon abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. for at least the first 20 years of each project.
    The carbon offset project / program uses private land?
    [Q32a]- Yes, we operate on private land for interested parties

    Quality

    Date project started to generate verified emission reductions (VERs) / offset credits
    [Q36]- 28 Sep 1997
    Crediting period of the project (in years)
    [Q37]- This forest sink project methodology has been given a standard 5 year crediting period by Greenhouse Friendly.
    Accreditation or certification achieved as at August 2011
    [Q38]- Greenhouse FriendlyThe 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. Approved AbatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. Provider
    Relevant third party verification (not accreditation / certification)
    [Q40]

    - Greenhouse FriendlyThe 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. initiative operated between 2001 and 30 June 2010. It certified 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 and services and approved abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. credits for sale on the voluntary market. Applications for new abatement projects have closed. These were not considered eligible offsets under 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 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 DCCEECommonwealth Governemnt Department of Climate Change and Energy Efficiency. For more information see http://www.climatechange.gov.au/ . Approved AbatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. Provider status (methodology only). Abatement to be verified under CFIThe Carbon Credits (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 ) 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 methaneMethane (CH4) is a greenhouse gas with a GWP of 21. emissions from landfillA specially designed site for the disposal of waste to land by burial. 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-eA standard measure that takes account of the different global warming potentials of greenhouse gases and expresses the cumulative effect in a common unit. once regulations and methodologies are finalised.

    Are the verified emission reductions created from this project NCOS compliant abatement?
    [Q41]

    - No

    The ancillary or co-benefits of this project
    [Q42]- Greenfleet plants biodiverse carbon sink forests which that take carbon out of the atmosphere. Greenfleet's policy of planting for biodiversity and restoring native vegetation to heavily degraded areas means that as well as sequestering carbon, offsetters are making a positive contribution to the landscape by restoring sites to their original state, reducing soil erosion, lowering salinity, improving water flow and quality and providing habitat for native wildlife.
    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]- Only forward sold abatement
    The registry on which offsets from this project are registered
    [Q44]- Currently maintaining internal database, until forests have matured enough to retireIn 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. Under the Kyoto Protocol retired units are also able to be used by Annex B countries to achieve compliance with their emissions targets. abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. to external registry (also awaiting CFIThe 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
     program finalisation)
    The process for retiring offsets from this project off the market
    [Q45]- We retire them (in the future) in batches on behalf of the customer.
    How is the retirement of abatement verified to your client?
    [Q46]- The most appropriate method, will be determined when we have verified offsets to retireIn 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. Under the Kyoto Protocol retired units are also able to be used by Annex B countries to achieve compliance with their emissions targets.. Yet to retire offsets (forests still growing). We also note the Federal Government's decision to end Greenhouse FriendlyThe 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. at 30 June 2010. It is Greenfleet's intention to verify its plantations under the CFIThe 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
     / Clean Energy Future or other appropriate mechanism when it comes into effect.

    Contact Details

    Contact Details

    For more information please contact:

    Greenfleet
    www.greenfleet.com.au
    1800 032 999
    Level 6, 620 Bourke Street, Melbourne VIC (as of December 2011 we will be moving to 520 Collins Street, Melbourne VIC)
    Information Submitted by Greenfleet in October 2011