There are many different offset methodologies - some examples include reforestation, renewable energy or energy efficiency projects that generate eligible carbon offsets. The Australian Government’s Climate Active program provides a list of offset units (or carbon credits) eligible for making carbon neutral claims. Effective July 3, 2018, we cancelled the cap and trade regulation and prohibited all trading of emission allowances. We helped many of those to become first in their sector – a recognition of climate change leadership. Costs and benefits of carbon offsets. We have worked with the Australian Government’s carbon neutral programs since inception. "It must be constructed and then verified [to ensure] it works, then later audited to make sure it's been operating as planned. Offset units are generated by projects that reduce, remove or capture emissions from the atmosphere such as reforestation, renewable energy or energy efficiency. Energy is generated in many different ways, and some produce more carbon emissions than others. Purchasing offsets needs to be more than a tick-the-box exercise. Today, we are proud to call more than half of the successful participants our clients. One is to comply with the cap and trade program and the second is a voluntary program not related to cap and trade. At EnergyAustralia, our carbon neutral product is called Go Neutral. Greenfleet protects our climate by restoring native forests. The Climate Action Incentive (CAI) tax credit is intended to offset the Federal Carbon Tax (called a “Fuel Charge”) which began April 2019. Carbon offsets are a convenient way for organisations to meet their emissions targets or achieve carbon neutrality. Organisations who become carbon neutral receive certification and can display the Climate Active trade mark. As an AGL customer, you now have the choice to opt-in to carbon-neutral electricity and gas certified by Climate Active. Climate Active Carbon Neutral Standard. We buy carbon offset units from climate action projects that reduce or remove carbon emissions to offset the impact of your energy use. Type: Biodiverse Reforestation Location: Southwest Australia Standard: Independently verified Estimated reductions: 967,695 tonnes CO 2-e over 50 years You may be eligible to become a Carbon Neutral Partner when you purchase offsets from this project. Clean Energy Finance Corporation. Our carbon offset portfolio consists of eligible carbon offset units that have been assessed as meeting the Australian Government’s Climate Active Carbon Neutral Standard’s offsets integrity principles. Freddy Sharpe, CEO of offset provider Climate Friendly, says the process for having projects verified under the standards is rigorous. By purchasing offsets, regulated operations such as liquefied natural gas (LNG) facilities and public sector organizations can satisfy their legislative requirements. Examples are the Norwegian Eco-Lighthouse Program and the Australian Government's Climate Active Program (formerly the National Carbon Offset Standard – NCOS). The carbon offset programs offered by Qantas, Jetstar and Virgin are all certified by the government-backed Climate Active program. Beginning in 2015, all offset projects operating under approved voluntary quantification methodologies were required to transition to CARB’s Compliance Offset Protocols to continue to be eligible for the compliance offset program. Validating the Project Plan . The credits purchased to meet our 2020 carbon neutral commitment have been from two project owners in Australia and three in India. Yes, subject to the quantitative and qualitative restrictions. When you offset with Greenfleet, you are choosing the most responsible carbon offset option for your organisation and maintaining corporate social responsibility. The plan also identifies the length of time the project will be eligible to create offsets. Climate Active. As a result, it seems unlikely that this quality of carbon offsets would be available to help cities meet GHG emissions targets in climate action plans. The Offsets Marketplace is not intended to be a comprehensive listing of all market players; it only includes Reserve Account Holders that opt to be included. Enter your zip code. All those reports by auditors are available [online] on public registries. The vintage is the year in which the carbon emissions reduction project generates carbon offset credits. Offset projects are managed through the BC Carbon Registry. As far as Climate Active goes, it should be pointed out that there is no requirement to actually reduce emissions, and that apart from a list of eligible offset units (some of them questionable), there is not further assessment of offset quality. 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