SMRC

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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.    Price (per tonne CO2e) : AU$0 - AU$10

    Summary

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

    "The SMRC view is that the role of carbon offsets is the final optionIn finance, an option is a contract between a buyer and a seller that gives the buyer the right—but not the obligation—to buy or to sell offsets at a later day at an agreed price. In return for granting the option, the seller collects a payment from the buyer. A call optionA call option is a financial contract between two parties, the buyer and the seller of an abatement option. It is the option to buy abatement at a specified time in the future. The buyer of the option has the right, but not the obligation to buy an agreed quantity of abatement from the seller of the option at a certain time for a certain price (the strike price). The seller (or "writer") is obligated to sell the commodity (e.g. carbon offsets). The buyer pays a fee (called a premium) for this right. gives the buyer the right to buy the offset / credit; a put optionA put option gives the buyer of the option the right, established through a contract to sell the offset / credit. For put options, the abatement is sold at the strike price. gives the buyer of the option the right to sell the offset / credit. under an emissions reductionA measurable reduction in the level 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). being emitted by a country, state, organisation or individual. strategy, for which the hierarchy of action should be to: measure, reduce, re-measure and then offset unavoidable emissions with verified emission reductions."


    Detailed InformationClick on the tabs below for more information:

    Summary

    Role in the Carbon Offset Market
    [Q1]Project developer, Retailer
    Main client base
    [Q3]Corporates. brokers, Govt, Conferences, Retail

    Offset Products

    Offset Products

    Price(s) per tonne
    [Q17]AU$0 - AU$10
    Project Type(s)
    [Q32] - MethaneMethane (CH4) is a greenhouse gas with a GWP of 21. avoidance through landfillA specially designed site for the disposal of waste to land by burial. diversion
    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
    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
    - Personal contact from customers wanting the service of carbon footprinting and (generic) offsetA carbon offset is an investment in a project or activity that reduces greenhouse gas (GHG) emissions or sequesters carbon from the atmosphere that is used to compensate for GHG emissions from your own activities. For more information see here. purchase to achieve carbon neutrality
    Do you provide quality assurance or technical documentation on your web site or on request?
    [Q16]

    http://www.smrc.com.au/go/what-we-do/carbon-abatement

    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
    - Independent certification and / or third party documentation in relation to the project
    - Certificate of Retirement/Acquittal
    - Certificate of Transfer/Ownership
    - Serial numbers to identify offsetA carbon offset is an investment in a project or activity that reduces greenhouse gas (GHG) emissions or sequesters carbon from the atmosphere that is used to compensate for GHG emissions from your own activities. For more information see here. units purchased
    - Tax Invoice
    What documentation is available to customers about the carbon offset project/s as part of the education and quality assurance process?
    [Q22]- Information not supplied
    Minimum tonnage required per transaction?
    [Q23]- None


    [Find out more about issues relating to offsetting]
    [Find out more about Certification Standards]

    Resources

    Resources

    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.
    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.
    Other carbon management services
    [Q11]- Footprinting services
    - Advisory services
    - Carbon neutrality
    - Scoping customer emissions
    - 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

    [Find out more about carbon offsetting]

    Projects

    Project Information

    Southern Metropolitan Regional Council Waste Composting Facility | WA WA Methane avoidance through landfill diversion

    General Information

    [Q28, Q31]Own Project | Activities conducted at the Waste CompostingThe natural biological decomposition of solid organic wastes such as food scraps, paper and lawn clippings, creating a soil-like substance called humus, which can be used instead of artificial fertilisers. The decomposition process produces methane and carbon dioxide, therefore when composting occurs in controlled areas these greenhouse gases can be prevented from entering the atmosphere. Composting also reduces the amount of waste going to landfill. FacilityAn activity, or a series of activities (including ancillary activities), that involve the production of greenhouse gas emissions, the production of energy or the consumption of energy and that form a single undertaking or enterprise and meet the requirements of the National Greenhouse and Energy Reporting (NGER) Regulations. (WCF)have reduced greenhouse gas emissions since December 2005. The WCF AbatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. Project methodology is approved under the 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. Programme. The abatement arises from the avoidance of methaneMethane (CH4) is a greenhouse gas with a GWP of 21. emissions that would have been generated by the business as usual scenario of placing the organic component of the waste stream into landfillA specially designed site for the disposal of waste to land by burial..

    Comprehensive audit data provides for accurate modelling of the emission factors associated with each organic component of the waste stream. All operating emissions, such as purchased electricity and fuel, associated with processing the waste and delivering compost to end users are recorded and deducted from the avoided landfill emissions. The methodology and data collection is subject to the stringent annual and independent audit procedures required under Greenhouse Friendly™ programme and includes demonstrating ownership, additionality and permanenceWith regard to offsets, permanence requires the generation of offsets to have actually occurred and the carbon stored or sequestered not to be released into the atmosphere in the future. Sequestration is generally regarded as permanent if it is maintained on a net basis for around 100 years..
    Price per tonne of CO2e
    [Q30]

    Retail $10/t or volume dependant for wholesale

    Project Type(s)
    [Q32] - MethaneMethane (CH4) is a greenhouse gas with a GWP of 21. avoidance through landfillA specially designed site for the disposal of waste to land by burial. diversion
    Project Location(s)
    [Q33, Q34]Australia | WA
    Project Size (tonnes of CO2e)
    [Q35] Approximately 80,000 tCo2-e
    The carbon offset project / program uses private land?
    [Q32a]- No, our operations are located on our own land or the land of our partners

    Quality

    Date project started to generate verified emission reductions (VERs) / offset credits
    [Q36]- 30 Nov 2005
    Crediting period of the project (in years)
    [Q37]- 5 years
    Are the verified emission reductions created from this project NCOS compliant abatement?
    [Q41]

    - No

    The ancillary or co-benefits of this project
    [Q42]- SMRC's Regional Resouce Recovery Centre (RRRC) annually diverts from landfill over 200,000 tonnes of household waste generated by more than 380,000 residents and enables 85% of this waste stream to be recovered as valuable resources for re-use. The SMRC’s Climate Wise project team also works with community members, residents, business and industry, to reduce greenhouse gas emissions. A number of community programs have been established to educate, motivate and encourage the local community to take action to reduce greenhouse gas emissions. The application to land of the compost produced at the WCF reduces the reliance on synthetic fertilisers, improves water retention and increases soil organic matter.
    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]- Offset is only sold as verified emission reductions (retrospectively accrued)
    The registry on which offsets from this project are registered
    [Q44]- They are registered with 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. Program Administrator (internal records)
    - Registered with the Department of Climate Change & Energy EfficiencyEnergy efficiency improvements refer to a reduction in the energy used for a given service (heating, lighting, etc.) or level of activity. Such savings are generally achieved by substituting technologically more advanced equipment to produce the same level of end-use services (e.g. lighting, heating, motor drive) with less electricity. .
    The process for retiring offsets from this project off the market
    [Q45]- We retire them concurrently at the time of purchase on behalf of the customer.
    How is the retirement of abatement verified to your client?
    [Q46]- Via contract with 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. (Transfer of Legal Title- Section 4.8). For each sale of Greenhouse Friendly Carbon AbatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. we are required by legal deed to report the transaction (hence retiring of offsets) within 20 days to the Department of Climate Change.

    Contact Details

    Contact Details

    For more information please contact:

    SMRC
    www.smrc.com.au
    08 9329 2700
    9 Aldous Place, Booragoon, WA 6154