And now forest credits!

Hot on the heels of the savanna sale comes the first credits issued for a forestry project!

The Newmont Australia Reforestation Project in NSW and WA was issued credits by the Clean Energy Regulator on 3 June 2013. Note that projects can span across different areas in different states.

The Newmont project uses the Reforestation and Afforestation Methodology which calculates the amount of carbon credits by directly measuring trees in sample plots, rather than through the online CFI Reforestation Modelling Tool

The projects that have the best chance on Aboriginal land are savanna and sequestration (or carbon storage) projects such as rangelands (less cattle, more management), enrichment (bush foods and sequestration) and forestry. The credits from savanna and forestry this week show it is happening.


Vegetation fact sheets

The Australian Government has released 4 new fact sheets covering the different types of vegetation methodologies. The methodologies themselves can be very large documents and tricky to get a handle on so it's useful to get some clear information. The main differences in the vegetation methodologies so far are:

Your land situation will determine which methodology is best for you!