Treecreds

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    Primary activity : 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$11 - AU$30

    Summary

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

    "Climate change through human activity is now indisputable and its devastating effects are increasingly being felt around the planet. Deforestation is responsible for nearly a fifth of greenhouse gas emissions, as well as massive loss of biodiversity and degradation of land and water resources. Treecreds® is dedicated to saving threatened primary forests around the world and we are a support, management, advocacy and promotional agency for avoided deforestation and associated projects around the world.
    Avoided deforestation provides an alternative income to clearing and logging and preserves forest that would be destroyed without this mechanism. "


    Detailed InformationClick on the tabs below for more information:

    Summary

    Role in the Carbon Offset Market
    [Q1]Retailer
    Main client base
    [Q3]Organisations in the entertainment and hospitality industries, corporate clients

    Offset Products

    Offset Products

    Price(s) per tonne
    [Q17]AU$11 - AU$30
    Project Type(s)
    [Q23]- Avoided deforestation
    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 Treecreds
    [Q33a]- Greenhouse FriendlyGreenhouse Friendly 'The Greenhouse Friendly™ initiative has been operating since 2001 to certify carbon neutral products and services and approve abatement credits for sale on the voluntary market, including to Greenhouse Friendly™ certified product and service providers. Introduction of the Carbon Pollution Reduction Scheme (the Scheme) has implications for Greenhouse Friendly™. The Scheme will have broad sectoral coverage, which means there will be less scope to pursue offset activities with offsets limited to emissions sources uncovered by the Scheme. This means the Scheme will impact on the types of abatement that can be provided, because abatement in sectors covered by the Scheme will no longer be additional to “business as usual”. For these reasons Greenhouse Friendly™ will wind up on 1 July 2010. Greenhouse Friendly™ certification of carbon neutral products and services will continue to operate until 1 July 2010. Applications for new abatement projects have closed. Abatement may be generated by current Greenhouse Friendly™ abatement providers up to 1 July 2010, and may still be sold and purchased after that date.
    How does your organisation calculate the amount and price of carbon offset required by customers?
    [Q10]- Personal contact from customers wanting the service of carbon footprinting and (generic) offset purchase to achieve carbon neutrality
    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] Yes, NCOS compliantAbatement that is compliant with the National Carbon Offset Standard. NCOS compliant abatement currently includes Certified Emissions Reductions (CERs) except long term (lCERs) and temporary (tCERs); Emission Reduction Units (ERUs); Removal Units (RMUs); Voluntary Emissions Reductions (VERs) issued by the Gold Standard*; Voluntary Carbon Units (VCUs) issued by the Voluntary Carbon Standard, however where VCU credits are issued for reduced emissions from deforestation and degradation (REDD) and other agriculture forestry and land use (AFOLU) projects, they must apply methodologies approved under the NCOS Standard. abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual.
    [Q19]
    What evidence of purchase can customers expect to receive when buying carbon offsets from your organisation?
    - Certificate for amount of offset purchased
    - Certificate of RetirementIn the context of carbon offsets, this is the act of removing a carbon credit or permit from the market so that abatement cannot be traded any further. Retiring offsets helps to prevent the resale or reuse of offsets that have already been used. /Acquittal
    - 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


    [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, link to external online calculator
    - 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.
    - Carbon Trust’s PAS 2050PAS 2050 is a product carbon footprinting standard. It provides a method for assessing the GHG emissions arising from products across their life cycle, from initial sourcing of raw materials through manufacture, transport, use and ultimately recycling or waste. The Carbon Trust and Defra co-sponsored the publication by the British Standards Institution of PAS 2050.
    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
    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
    - Branding and marketing services
    - Sustainability Assessments and Reports

    [Find out more about carbon offsetting]

    Projects

    Project Information

    Minding the Carbon Store | QLD QLD Avoided deforestation Greenhouse Friendly (GHF)

    General Information

    This project is not owned by Treecreds | 'Minding the Carbon Store' project is an initiative of The Carbon Pool Pty Ltd, completed in 2006. The project saved 12,060 Ha of remnant bushland in the State of Queensland, Australia and avoided the greenhouse gas emissions associated with this clearing. It is a model for generating tradable greenhouse abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. through Avoided Deforestation.
    This project is approved and verified through the Australian Government’s Greenhouse FriendlyGreenhouse Friendly 'The Greenhouse Friendly™ initiative has been operating since 2001 to certify 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 approve abatement credits for sale on the voluntary market, including to Greenhouse Friendly™ certified product and service providers. Introduction of the Carbon Pollution Reduction SchemeAustralia's cap and trade scheme which will come in to effect in 2010. The CPRS will place a limit, or cap, on the amount of carbon pollution industry can emit and allow trading of carbon credits. It will concentrate on the biggest polluters, by placing obligations on around 1000 Australian companies in total. However it will effect all Australians through indirect price increases. (the Scheme) has implications for Greenhouse Friendly™. The Scheme will have broad sectoral coverage, which means there will be less scope to pursue offset activities with offsets limited to emissions sources uncovered by the Scheme. This means the Scheme will impact on the types of abatement that can be provided, because abatement in sectors covered by the Scheme will no longer be additional to “business as usual”. For these reasons Greenhouse Friendly™ will wind up on 1 July 2010. Greenhouse Friendly™ certification of carbon neutral products and services will continue to operate until 1 July 2010. Applications for new abatement projects have closed. Abatement may be generated by current Greenhouse Friendly™ abatement providers up to 1 July 2010, and may still be sold and purchased after that date. standard and promotes the concept of the 100-year storage guarantee as a benchmark for sustainable carbon storage.


    Price per tonne of CO2e
    [Q24]

    $17- $22


    Quality

    Accreditation or certification achieved as at May 2010
    [Q33a]- Greenhouse FriendlyGreenhouse Friendly 'The Greenhouse Friendly™ initiative has been operating since 2001 to certify carbon neutral products and services and approve abatement credits for sale on the voluntary market, including to Greenhouse Friendly™ certified product and service providers. Introduction of the Carbon Pollution Reduction Scheme (the Scheme) has implications for Greenhouse Friendly™. The Scheme will have broad sectoral coverage, which means there will be less scope to pursue offset activities with offsets limited to emissions sources uncovered by the Scheme. This means the Scheme will impact on the types of abatement that can be provided, because abatement in sectors covered by the Scheme will no longer be additional to “business as usual”. For these reasons Greenhouse Friendly™ will wind up on 1 July 2010. Greenhouse Friendly™ certification of carbon neutral products and services will continue to operate until 1 July 2010. Applications for new abatement projects have closed. Abatement may be generated by current Greenhouse Friendly™ abatement providers up to 1 July 2010, and may still be sold and purchased after that date.
    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]- Technically, abatement created from this project before March 2008 remains additional to Australia’s Kyoto commitments (Australia ratified the Kyoto Protocol on November 2007 and the agreement took effect at this time).

    Contact Details

    Contact Details

    For more information please contact:

    Treecreds
    http://www.treecreds.com/about
    03 9650 8222
    Level 2, 156 Collins Street Melbourne
    Information Submitted by Treecreds in April 2010