Carbon Conservation

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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. , BrokerA broker is an intermediary, who buys and sells carbon offsets on behalf of clients.    Price (per tonne CO2e) : AU$0 - AU$30

    Summary

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

    "Carbon Conservation believes that offsets provide the most efficient means of reducing GHGGreenhouse Gases in the earth's atmosphere absorb and re-emit infrared radiation. The Kyoto ProtocolAn international agreement linked to the UNFCCC and sharing its aim of stabilising atmospheric concentrations of greenhouse gases, but requiring separate ratification by governments. The Kyoto Protocol, among other things, sets binding targets for the reduction of greenhouse-gas emissions by industrialized countries. It entered into force for ratifying countries in February 2006 and commits developed nations to collectively cut their greenhouse gas emissions by 5.2 per cent of 1990 levels by 2012. Came into force in Australia on 11 March 2008. lists six major greenhouse gases, which vary in their relative warming effect. The six gases are: 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. (CO2), methaneMethane (CH4) is a greenhouse gas with a GWP of 21. (CH4), 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 potential of about 310 times that of CO2.it breaks down very slowly – over about 120 years (N2O), HFCs (hydrofluorocarbonsMajor releases of HFCs are from leakage 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 dioxide).), 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). (perfluorocarbons) and sulphur hexafluoride (SF6Sulphur hexafluoride (SF6) is a man-made chemical. The major sources of SF6 release include leakage from electrical switchgear, from magnesium smelting processes and use in semiconductor manufacture. It has by far the highest global warming potential (23,900 times that of carbon dioxide), however it is only released in relatively small amounts.).'s from the atmosphere. In particular, offsets from avoided deforestation projects protecting standing forest. Our role is to help developing countries obtain carbon incentives to reduce their deforestation, therefore reducing emissions."


    Detailed InformationClick on the tabs below for more information:

    Summary

    Role in the Carbon Offset Market
    [Q1]Project developer, Broker
    Main client base
    [Q3]Corporates, Investment Banks, Carbon Traders

    Broker

    Broker Information

    Types of transactions in carbon credits offered
    [Q23b]- Spot tradesThe purchase or sale of abatement (e.g. carbon offsets) for immediate delivery. Spot trades are settled "on the spot" (usually within one or two business days), as opposed to at a set date in the future. Futures transactions that expire in the current month are also considered spot trades. Spot trades are also known as "cash trades". Spot trades are the opposite of forward contracts.
    - ForwardsThe buyer invests the money upfront but does not get the credits until they are actually produced. These are long-term commitments that are predominantly done on a large scale. (Over The Counter)
    - Purchase for surrenderCarbon offsets are purchased and retired from the market by the offset provider.
    Standard brokerage fees determined by
    [Q24]- Our brokerage fees are created as a percentage of the total transaction amount
    Indicative pricing
    [Q25]Information not provided
    Minimum tonnage required per transaction?
    [Q26]- More than 1000
    How is the retirement of abatement verified to your client?
    [Q27]- Evidence of registry transaction (For example, personalised account, physical copy of transaction etc.)
    Independent certification and/or third party documentation to prove the validity of all the different offsets that you provide available
    [Q28]- On request

    Offset Products

    Offset Products

    Price(s) per tonne
    [Q17]AU$0 - AU$30
    Project Type(s)
    [Q23]- Avoided deforestation
    Are offsets packaged with other services (such as footprinting, carbon neutrality etc)?
    [Q10]No

    [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]No
    Offsets generated and sold by Carbon Conservation
    [Q33a]- Climate,Community and Biodiversity Alliance (CCBA)
    How does your organisation calculate the amount and price of carbon offset required by customers?
    [Q10]- Personal contact from clients with specific needs for type of offset and tonnage
    Relevant third party verification (not accreditation / certification)
    [Q35] - Independent third-party validation covers the Ulu Masen Project, which refers to the connected forest ecosystem and nearby forests of 750,000 hectares located in the four northernmost Kabupaten of Aceh Provinces: Aceh Besar, Aceh Jaya, Aceh Barat and Pidie. This carbon project validation concluded that the Ulu Masen satisfied criteria and indicators designed for credible climate change mitigation within the CCB system at the level of a ‘silver’ rating. Currently undergoing VCSThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. validation/verification process
    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
    - Independent certification and / or third party documentation in relation to the project
    - Tax Invoice
    What documentation is available to customers about the carbon offset project/s as part of the education and quality assurance process?
    [Q22]- Validation Report – From the Relevant Standard
    - 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]- No
    Other carbon management services
    [Q11]- Advisory services
    - 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
    - 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

    [Find out more about carbon offsetting]

    Projects

    Project Information

    Ulu Masen Ecosystem Avoided Deforestation Project | International International Avoided deforestation Climate,Community and Biodiversity Alliance (CCBA)

    General Information

    This project is not owned by Carbon Conservation | Reduced Emissions from Deforestation and Forest Degradation (REDDReducing Emissions from Deforestation and Forest Degradation)


    Price per tonne of CO2e
    [Q24]

    Price dependant on volume


    Quality

    Accreditation or certification achieved as at May 2010
    [Q33a]- Climate,Community and Biodiversity Alliance (CCBA)
    Relevant third party verification (not accreditation / certification)
    [Q35]

    - Independent third-party validation covers the Ulu Masen Project, which refers to the connected forest ecosystem and nearby forests of 750,000 hectares located in the four northernmost Kabupaten of Aceh Provinces: Aceh Besar, Aceh Jaya, Aceh Barat and Pidie. This carbon project validation concluded that the Ulu Masen satisfied criteria and indicators designed for credible climate change mitigation within the CCB system at the level of a ‘silver’ rating.
    Currently undergoing VCSThe VCS ProgramThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. includes the standard (VCS 2007Is a certification standard for carbon offset projects. It provides a global standard for voluntary GHG emission reduction and removal projects and their validation and verification.) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. validation/verification process

    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]- Yes

    Contact Details

    Contact Details

    For more information please contact:

    Carbon Conservation
    www.carbonconservation.com
    +65 85225047
    Carbon Conservation Pty Ltd Suite 58, 155 Macquarie St Sydney NSW 2000