Canopy

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    Primary activity : Project developerThe person or organisation that set up an offset generating project for the purpose of selling carbon offsets 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. , Not-for-ProfitIn the Carbon Offset Guide not-for-profit entities must have appropriate legal status, which means that they must have a formal structure; be self-governing; be private; be non-profit-distributing; and have some meaningful degree of voluntary involvement.    Price (per tonne CO2e) : AU$21 - AU$30

    Summary

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

    "Canopy sees the role of carbon offsets as being the final, rather than the first stage in addressing climate change. The first step is to focus on reducing energy use; then using green power either totally or as part of the power input mix; reusing materials as much as possible; recycling what cannot be reused; and finally offsetting the balance that remains through biosequestration and other forms of offsets."


    Detailed InformationClick on the tabs below for more information:

    Summary

    Role in the Carbon Offset Market
    [Q1]Project developer, Retailer
    Not-for-Profit
    Main client base
    [Q3]Government, large corporations

    Offset Products

    Offset Products

    Price(s) per tonne
    [Q17]AU$21 - AU$30
    Project Type(s)
    [Q23]- Afforestation / reforestation with multiple locally occurring species of vegetation
    Project Location(s)
    [Q27]- Domestic
    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 Canopy
    [Q33a]Non-accredited forestry offsets
    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
    Relevant third party verification (not accreditation / certification)
    [Q35] - Accreditation is being sought under 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.. Currently registered emission reductions (RER's) are derived from carbon sequestration rights in new plantings of biodiverse trees. Canopy’s VERs have nine distinguishing points: equivalent to one tonne 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.; registered in perpetuity on the land title as a Forest Property Right; locally specific and biodiverse native trees (Also planted but not used in carbon measurement is a mix of upper storey, middle storey and under storey bushes and grasses); guaranteed for the first five years by Greening Australia; Kyoto compliant; quantified by the National Carbon Accounting System’s FullCAM3 carbon assessment tool; independently verified by CSIRO or Ensis at year three and triennially thereafter.
    Do you provide quality assurance or technical documentation on your web site or on request?
    [Q16]

    http://www.canopy.org.au/uploads/Calculation%20of%20carbon%20offsets.pdf

    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
    - Independent certification and / or third party documentation in relation to the project
    - 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
    - Certificate of Transfer/Ownership
    - Serial numbers to identify offset 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]- Certification Report – From the Auditors


    [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, 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.
    - ISO 14000ISO 14000 is a set of international standards, which provide a framework for the development of an environmental management system (EMS) and supporting audit programs. The ISO 14000 series are intended to help organisations comply with applicable laws, regulations and requirements and to continually improve on their environmental performance.
    - ISO 14064A global GHG accounting, reporting and verification standard. The goal of the standard is to 'provide a set of unambiguous and verifiable requirements or specifications to support organisations and proponents of GHG emissions reductions projects.'
    - AS4978This standard provides a common approach to determining how much carbon a given area of forest can be expected to remove from the atmosphere, taking account of the species of tree, how densely the trees are planted and a number of other factors.
    - Department of Climate Change Climate Clever database

    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
    - HydrofluorocarbonsMajor releases of HFCs are from leakageIn relation to carbon offsets, leakage is the direct or indirect increase in GHG emissions from a greenhouse gas reduction project, which is also measurable and attributable to the project. from refrigeration equipment during operation and its end-of-life destruction. Minor releases arise from the use of HFC-containing aerosols, air conditioners and metered dose inhalers.HFCs have very high global warming potentials (140 to 11,700 times that of carbon dioxideA 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.).
    - PerfluorocarbonsMost emissions of PFCsMost emissions of PFCs in Australia are generated during aluminium production. PFCs have extremely high global warming potentials (5000 to 10,000 times that of carbon dioxide). However, because they are only released in relatively small amounts, their contribution to global warming is minor. Due to their stability they have very long atmospheric lifetimes (thousands of years). in Australia are generated during aluminium production. PFCs have extremely high global warming potentials (5000 to 10,000 times that of carbon dioxideA 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.). However, because they are only released in relatively small amounts, their contribution to global warming is minor. Due to their stability they have very long atmospheric lifetimes (thousands of years).
    Other carbon management services
    [Q11]- Footprinting services
    - Advisory services
    - Carbon neutrality
    - Scoping customer emissions
    - Auditing
    - Emissions monitoring
    - Measuring and reporting services for carbon abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. projects
    - Policy development for government and business

    [Find out more about carbon offsetting]

    Projects

    Project Information

    Various Biosequestration | SA SA Afforestation / reforestation with multiple locally occurring species of vegetation Non-accredited forestry offsets

    General Information

    [Q22, Q25]

    Own Project | Some of the projects are: Tailem Bend, Hartely, Jockwar, Langhorne Creek, Kangaroo Creek and Millbrooke and the river-land around Renmark. Every planting has a survival guarantee backed by Greening Australia.


    Price per tonne of CO2e
    [Q24]

    AU$20 - AU$30

    Project Location(s)
    [Q27, Q28]Australia | SA
    Project Size (tonnes of CO2e)
    [Q29] Various

    Quality

    Date project started to generate verified emission reductions (VERs) / offset credits
    [Q31]- 31 May 2007
    Crediting period of the project (in years)
    [Q32]- 100 years
    Accreditation or certification achieved as at May 2010
    [Q33a]- Non-accredited forestry offsets
    Relevant third party verification (not accreditation / certification)
    [Q35]

    - Accreditation is being sought under 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 abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. 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.. Currently registered emission reductions (RER's) are derived from carbon sequestration rights in new plantings of biodiverse trees. Canopy’s VERs have nine distinguishing points: equivalent to one tonne CO2A 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 dioxideA 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. is the principal anthropogenic greenhouse gas that affects the earth’s temperature.; registered in perpetuity on the land title as a Forest Property Right; locally specific and biodiverse native trees (Also planted but not used in carbon measurement is a mix of upper storey, middle storey and under storey bushes and grasses); guaranteed for the first five years by Greening Australia; Kyoto compliant; quantified by the National Carbon Accounting System’s FullCAM3 carbon assessment tool; independently verified by CSIRO or Ensis at year three and triennially thereafter.

    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]- No
    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
    [Q38]- Only forward sold abatement
    The registry on which offsets from this project are registered
    [Q39]- Our organisations internal registry
    - Registered as a Forest Property Right in perpetuity on the Land Title

    The process for retiring offsets from this project off the market
    [Q40]- We retire them concurrently at the time of purchase on behalf of the customer
    How is the retirement of abatement verified to your client?
    [Q41]- Tax Receipt
    - Certificate (with individualised Serial Number/s of abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. to cross check at a later date)
    - Certificate (with amount of abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. purchased)
    The ancillary or co-benefits of this project
    [Q42]- Provision for Biodiversity, endangered species habitat extension, farm forestry (in line with agricultural needs as appropriate), shelter belts for stock, salinity mitigation, land repair

    Contact Details

    Contact Details

    For more information please contact:

    Canopy
    www.canopy.org.au
    08 8374 2369
    Leonard Cohen, Director