General Information

[Q28, Q31]Own Project | Prime Carbon has developed a methodology for generating carbon offsets arising from a net improvement of a soil carbon reserve. The program results in offsets being issued in exchange for Landholders undertaking a specific set of actions which lead to the removal of carbon from the atmosphere and the building of a reserve of soil carbon. In general the set of actions requires a Landholder to:
1.Adopt minimum tillage practices (if applicable);
2.Reduce the use of inorganic nutrient addition (if applicable);
3.Adopt at least 2 additional products or processes likely to improve photosynthetic activity on the land from a list compiled by the aggregated project manager;
4.Allow independent measurement of incremental changes in carbon in the allocated land to be undertaken and permanently stored; &
5.Allow access for independent verification of the process.

Importantly the methodology also provides for the development and management of a reserve buffer of unsold carbon abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. which is used to underpin an aggregated risk management strategy for projects implemented under this method.

Price per tonne of CO2e [Q30] $8.00 to $15.00 per tonne

Project Type(s) [Q32] - Soil sequestration

Project Location(s) [Q33, Q34]Australia | ACT | NSW | QLD | SA | VIC

Project Size (tonnes of CO2e) [Q35] Dependant upon project size and subject to approval and uptake following the implementation of the 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 .

[Q32a]- Yes, our operations aim to embrace private landholders in select regions
- May include public lands if Government agency is the landholder.

Quality

[Q36]- 30 Apr 2007[Q37]- Our Landholder Agreement is for a 5 year period.[Q38]- Prime Carbon is actively pursuing accreditation under the provisions of the 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 ., Non-accredited offsets
- Prime Carbon is actively pursuing accreditation under the provisions of the 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 .
[Q40]

- Prime Carbon is activiely pursuing accreditation of methodologies and projects pursuant to the Carbon Farming InitiativeThe Carbon Credits (Carbon Farming Initiative) Bill 2011 provides legislation that gives landholders, farmers and forest growers incentives to undertake land sector abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. 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. legislation.

[Q41]

- No

[Q42]- The Prime Carbon Soil Enhancement and Carbon Sequestraion program has the potential to generate water co-benefits but we have not investigated this potential at this time. [Q43]- Offset is only sold as verified emission reductions (retrospectively accrued)[Q44]- Subject to approval of a methodology and projects pursuant to the 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
, all offsets will be first registered on the Australian National Registry of Emissions Units.
[Q45]- Retired at the time of purchase on behalf of retail customers verified by registry entry provided by an independant registry operator.[Q46]- 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)
- At clients's request.