The Carbon Farming Initiative Handbook
The Carbon
Farming Initiative (CFI) has received rare bi-partisan support
acknowledging that it is a good idea.
The CFI
Handbook describes the CFI process and how carbon credits can be derived
from Kyoto based activities. Such
recognised emissions avoidance projects eligible under the CFI include:
1 Agricultural emissions
avoidance projects including:
· Methane from the digestive tract of livestock;
· Methane or nitrous oxide from the decomposition of livestock urine or dung;
· Methane from rice fields or rice plants;
· Methane or nitrous oxide from the burning of savannas or grasslands;
·
Methane or nitrous oxide from the burning of crop stubble
in fields, crop residues in fields or sugar cane before harvest;
·
Methane or nitrous oxide from soil.
2 Introduced animal
emissions avoidance projects
Projects that avoid
emissions of methane from the digestive tract of an introduced animal or
emissions of methane or nitrous oxide from the decomposition of introduced
animal urine or dung.
3 Landfill legacy
emissions avoidance projects
Projects that avoid
emissions of greenhouse gases from the operation of a landfill facility, to the
extent to which the emissions are attributable to waste accepted by the
facility before 1 July 2012.
The CFI is also
supported by a revised National Carbon Offset Scheme (NCOS) allowing Australian businesses to offset their products with pollution
reduction under the Australian Government's Carbon Farming Initiative.
This is the
second time that NCOS has been revised. ASBG
members were critical of the first version especially its treatment of scope 3
emissions. The second edition has
cleaned up this issue, but it still remains a very high standard.
Accordingly, eligible
offsets cancelled to achieve carbon neutrality under this Standard must be in
addition to any eligible units surrendered to meet a liability under the carbon
price mechanism.
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