Perenia

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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.    Price (per tonne CO2e) : AU$21 - AU$30

    Summary

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

    "Climate Change would not be tackled effectively and on time if left to the market to decide about it. There would be no incentive for investment in renewable energy with lower returns, no investment in new technologies that reduce emissions, no individual efforts to reduce emissions etc. Governments and world organisations (ie the UNFCCCThe United Nations Framework Convention on Climate ChangeThe 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. was established in 1992 at the Rio Earth Summit and currently has 189 signatory countries. It is aimed at stabilising atmospheric concentrations of greenhouse gasesGreenhouse 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)..) had to create a mechanism to provide this incentive. That's one of the few examples of regulation or policy that might work. Other examples would be taxes or fines, but they would have a negative impact on people's willingness to help.
    Perenia helps registering (originating) emission reduction projects, marketing the carbon offsets and verifying them. "


    Detailed InformationClick on the tabs below for more information:

    Summary

    Role in the Carbon Offset Market
    [Q1]Project developer
    Main client base
    [Q3]International emission reduction project developers.

    Offset Products

    Offset Products

    Price(s) per tonne
    [Q17]AU$21 - AU$30
    Project Type(s)
    [Q23]- Run of river hydro power plant (bigger than small scale)
    - Biomass
    - Hydroelectric (small scale)
    Project Location(s)
    [Q27]- International
    Are offsets packaged with other services (such as footprinting, carbon neutrality etc)?
    [Q10]Yes

    [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 Perenia
    [Q33a]Non-accredited hydroelectric (small scale)
    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 offset and tonnage
    Relevant third party verification (not accreditation / certification)
    [Q35] - Non-accredited hydro-electric. This project aims for 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. approval, project PDDA 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. being written. Certification planned to be received in 2009.
    Do you provide quality assurance or technical documentation on your web site or on request?
    [Q16]Information not provided
    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?
    Information not provided
    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


    [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, personalised assessment
    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.
    - 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.'
    - 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.
    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
    - 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]- 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
    - Project Development Document (PDDA 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.) writing
    - 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. registration

    [Find out more about carbon offsetting]

    Projects

    Project Information

    WAPDA Kohala | International International Run of river hydro power plant (bigger than small scale) Non-accredited hydro

    General Information

    [Q22, Q25]

    Own Project | Run of river hydro power plant in Pakistan


    Price per tonne of CO2e
    [Q24]

    EUR15

    Project Location(s)
    [Q27, Q28]International
    Project Size (tonnes of CO2e)
    [Q29] 2.2 million tonnes p.a.

    Quality

    Date project started to generate verified emission reductions (VERs) / offset credits
    [Q31]- 1 Jan 2012
    Crediting period of the project (in years)
    [Q32]- 20
    Accreditation or certification achieved as at May 2010
    [Q33a]- Non-accredited hydro
    Relevant third party verification (not accreditation / certification)
    [Q35]

    - Non-accredited run of river hydro (bigger than small scale. This project is in the pipeline to be assessed under the Clean Development MechanismClean Development Mechanism is a 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. mechanism under which projects set up in developing countries to reduce GHGs generate tradeable credits called 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.. The credits can be used by industrialised nations to help meet their Kyoto reduction targets. Find out more here. of 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.)

    Are the verified emission reductions created from this project NCOS compliant abatement?
    [Q36]

    - No

    Is this project additional to Australia's commitments under Kyoto
    [Q37]- Yes
    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
    [Q38]- Only forward sold abatement
    The registry on which offsets from this project are registered
    [Q39]- Our organisations internal registry
    The process for retiring offsets from this project off the market
    [Q40]- We transfer the abatement into the clients name to retire at their convenience
    How is the retirement of abatement verified to your client?
    [Q41]- 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)
    The ancillary or co-benefits of this project
    [Q42]- Not applicable

    Coruripe | International International Biomass Non-accredited hydro, Non-accredited biomass

    General Information

    [Q22, Q25]

    Own Project | 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 BiofuelsBiofuels are renewable fuels made from biomass that can be used to supplement or replace the fossil fuels (such as petroleum and diesel) used in transport. The two main biofuels are ethanol and biodiesel. Ethanol is produced from the fermentation of sugar or starch in crops such as corn and sugar cane. Biodiesel is made from vegetable oils in crops such as soybean, or from animal fats. , 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. energy generation from sugar cane bagasse


    Price per tonne of CO2e
    [Q24]

    EUR15

    Project Location(s)
    [Q27, Q28]International
    Project Size (tonnes of CO2e)
    [Q29] 40,000

    Quality

    Date project started to generate verified emission reductions (VERs) / offset credits
    [Q31]- 1 Oct 2009
    Crediting period of the project (in years)
    [Q32]- 7
    Accreditation or certification achieved as at May 2010
    [Q33a]- Non-accredited hydro, Non-accredited biomass
    Relevant third party verification (not accreditation / certification)
    [Q35]

    - Non accredited 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 BiofuelsBiofuels are renewable fuels made from biomass that can be used to supplement or replace the fossil fuels (such as petroleum and diesel) used in transport. The two main biofuels are ethanol and biodiesel. Ethanol is produced from the fermentation of sugar or starch in crops such as corn and sugar cane. Biodiesel is made from vegetable oils in crops such as soybean, or from animal fats. , 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. . Validation by Rina (DOE) and registration by CDMClean 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. is a 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. mechanism under which projects set up in developing countries to reduce GHGs generate tradeable credits called 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.. The credits can be used by industrialised nations to help meet their Kyoto reduction targets. Find out more here. under way

    Are the verified emission reductions created from this project NCOS compliant abatement?
    [Q36]

    - No

    Is this project additional to Australia's commitments under Kyoto
    [Q37]- Yes
    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
    [Q38]- both
    [Q38 Explanation]Explanation to Customers on which type they are buying
    Information not provided
    The registry on which offsets from this project are registered
    [Q39]- Our organisations internal registry
    - Not yet 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. registred
    The process for retiring offsets from this project off the market
    [Q40]- We transfer the abatement into the clients name to retire at their convenience
    How is the retirement of abatement verified to your client?
    [Q41]- 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)
    The ancillary or co-benefits of this project
    [Q42]- Displacement of fossil fuel grid energy

    Rogni Chu | International International Hydroelectric (small scale) Non-accredited hydro, Non-accredited biomass, Non-accredited hydroelectric (small scale)

    General Information

    [Q22, Q25]

    Own Project | 96MW run-of-river hydro power plant in India


    Price per tonne of CO2e
    [Q24]

    EUR11.2 per CER

    Project Location(s)
    [Q27, Q28]International
    Project Size (tonnes of CO2e)
    [Q29] 445,709 tonnes p.a.

    Quality

    Date project started to generate verified emission reductions (VERs) / offset credits
    [Q31]- 1 Jun 2010
    Crediting period of the project (in years)
    [Q32]- 7
    Accreditation or certification achieved as at May 2010
    [Q33a]- Non-accredited hydro, Non-accredited biomass, Non-accredited hydroelectric (small scale)
    Relevant third party verification (not accreditation / certification)
    [Q35]

    - Non-accredited hydro-electric. This project aims for CDMClean 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. is a 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. mechanism under which projects set up in developing countries to reduce GHGs generate tradeable credits called 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.. The credits can be used by industrialised nations to help meet their Kyoto reduction targets. Find out more here. approval, project PDDA 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. 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. being written. Certification planned to be received in 2009.

    Are the verified emission reductions created from this project NCOS compliant abatement?
    [Q36]

    - No

    Is this project additional to Australia's commitments under Kyoto
    [Q37]- Yes
    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
    [Q38]- both
    [Q38 Explanation]Explanation to Customers on which type they are buying
    Information not supplied
    The registry on which offsets from this project are registered
    [Q39]- Our organisations internal registry
    - Still not registred
    The process for retiring offsets from this project off the market
    [Q40]- We transfer the abatement into the clients name to retire at their convenience
    How is the retirement of abatement verified to your client?
    [Q41]- 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)
    The ancillary or co-benefits of this project
    [Q42]- Hydro energy to Indian north grid

    Contact Details

    Contact Details

    For more information please contact:

    Perenia
    www.pereniacarbon.com
    03 8621 6001
    Level 11, 474 Flinders Street Melbourne VIC 3000
    Information Submitted by Perenia in April 2010