carbon credit presentation peter greenham iigi

7/28/2019 Carbon Credit Presentation Peter Greenham IIGI

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Carbon CreditsHow do they Work?


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Independent Inspections Pty Ltd

P: 1300 857 149F: 1300 857 150M: 0402 259 [email protected]

Carbon Credits andHow they workRisk Management and Lessons Learned,The Ten Minute ArgumentBy Peter Greenham


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Introduction United Nations Commitment

Carbon Credit Types of Credits

Carbon Farming?

Carbon Reduction Project?

Case Studies


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United Nations CommitmentWhy did we do it ??Australia in the International Context The Australian Government has committed to reducing

Australias carbon emissions by between 5 and 25 per

cent from 2000 levels by 2020, depending on the scale of

global action at the United Nations Conference.

The Government has also adopted a new long-term target,

committing to reduce Australias carbon emissions by 80

per cent from 2000 levels by 2050.


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What is a Carbon Credit?Each carbon credit represents one

tonne of carbon dioxide equivalents(CO2-e).

Abatement from all sorts of activities,

including those that reduce methane or

nitrous oxide emissions, can be

measured in tonnes of CO2-e.

This standardisation allows the credits

from different activities to be traded

more easily.

Carbon credits can be traded and usedto meet mandatory obligations and

voluntary commitments


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Types of Carbon Credit?There are voluntary and Regulated Carbon CreditsThe standard used is ISO14064.

Source: Carbon Market Institute


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Carbon FarmingThe Carbon Farming allows farmers

and other land managers to earn carboncredits by storing carbon or reducing

greenhouse gas emissions on the land.

These credits, known as Australian

Carbon Credit Units (ACCUs), can be

sold to people and businesses wishingto offset their emissions.

This helps rural communities supporting

sustainable farming by creating

incentives for landscape rehabilitation.

Participation is voluntary; farmers and

landholders can choose whether or not

to be involved.

:


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Carbon Farming Trees in a project are measured for Specific Gravity to

work out how much carbon is absorbed, depending onthe type of tree.

The Rule of thumb is 5 trees to one tonne of Air.

Each project will have to be audited annually to make

sure the trees are there and the amount is correct.

The project is put on a register, and then sold on atrade exchange,

Businesses and Farmers that take action will be betterprepared to adapt their business operations.


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Land Example Bill approaches landholders in the region, including the GreenSheep Co, seeking to

buy their carbon rights. Some landholder agree. Bill pays these landholders for their

carbon rights upfront and then manages every aspect of the revegetation project ontheir land. In this case, Bill is an aggregator and the recognised offsets entity. He

has responsibility for the project and he receives the carbon credits.

However, if Bill were to cease operating, a carbon maintenance obligation would be

applied to the land. The Green Sheep Co would not have to submit reports, but

they could not destroy the carbon stores unless they removed the carbon

maintenance obligation by relinquishing credits. The carbon maintenance obligation

would also apply to future owner of the land unless the Green Sheep Co or the

purchaser relinquished sufficient credits to lift the obligation.

The Green Sheep Co is not interested in selling their carbon rights to Bill. The

company director wants to plant trees on a portion of each of his six properties,

retain his carbon rights and sell the ACCUs he receives for the project. The Green

Sheep Co becomes the project proponent and pays Bill a fee to develop, manage

and report on the companys reforestation project. In this case, Bill is a serviceprovider. The Green Sheep Co is the recognised offsets entity and receives the

carbon credits.


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Solar LIghtA LED solar light used instead of Kero lamp produces carbon credits over time.

The issue

More than 1 billion people in the developing world use kerosene or candles for lighting.

The benefits of replacing kerosene lanterns with solar-powered lights are to:

Reduce poverty: Kerosene accounts for up to one third of household budgets, eliminating this

expense means illumination customers have more money to spend on food, education and

medicine;

Improve health and safety: Kerosene fumes are toxic causing respiratory/eye ailments and

cancer, and the toppling of kerosene lamps is the largest cause of house-fires;

Improve personal security: the provision of light in refugee camps

Improve education: Solar lights provide better and less expensive light than kerosene,

enabling children to study longer and safer at night;

Reduce greenhouse emissions: reducing greenhouse gas emissions from burning kerosene

alleviates global warming;

Conservation of biodiversity: high kerosene prices push some people to use firewood,exerting pressure on forest resources and reducing biodiversity.


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Carbon FootprintThe calculation of the carbon footprint of an organisation orproduct should be performed in accordance with the following

principles, which are based upon those outlined in the GHGProtocol and adopted under the NGER System.

These principles are consistent with those outlined under the otherAustralian and international standards referenced throughout theStandard, including the AS ISO 14064 and ISO 14040 series.

The Emissions are broken into 3 areas:Scope 1 Emissions: The release of Greenhouse Gas into theatmosphere as a direct result of a activity.

Scope 2 Emissions: The release of Greenhouse Gas as a result ofone or more activities that generate electricity, heating, cooling orsteam that is consumed by the facility but does not form part of thefacility.

Scope 3 Emissions : The release of Greenhouse Gas into theatmosphere that occurs outside the boundary of a facility as aresult of the activities of the facility and are not scope 2 emissions.


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Carbon FootprintA graphical image shows Scope 1,2 and 3 Emissionsbelow:


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Breakdown by AreaTypical Carbon Output of a business with $250,000 in

Business Costs using data from the Expense sheet

There are ways to reduce this impact of this cost through purchasing CarbonCredits around $15 per tonne.


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Carbon Footprint process In order for any organisation to manage the impact

of its greenhouse gas emissions, it must firstquantify them. Independent Inspections (II) doesthis by conducting an emissions audit.

5. Client

walk thru

1. Client

Assessment

3. Data inputinto carboncalculator

4.CarbonFootprintReport

generated

2. ClientData

collection

I.Is CarbonAudit ProcessI.Is CarbonAudit Process

IIs greenhouse gas audits

follow the structure providedby the International Standard14064.1.

This standard prescribes theinclusions and flow ofcompany level greenhouse

gas audits.


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Why Independent Inspections Pty LtdAll consumers and businesses are likely to be affected bythe carbon tax as the high energy users pass on the cost ofthe tax down the chain.

I.I. can assistance in determining what your risks andopportunities might be under the carbon tax. It is one of five(5) companies that is certified to audit scope 3 emissions in

Australia.

I.I is a member of the United Nations Global Compact andthe Carbon Market Institute providing up to date informationto its clients reporting to AS ISO 14064.1-2006 Guidelines

It has a dedicated team that will assist you step by step

through the entire carbon footprint assessment process.From there we can give advice on how to reduce it as wellas save yourself money and can even sell you carboncredits to completely offset it.


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Independent Inspections - Services

We deliver SustainabilityServices & Solutions from

Building Cost Management,Energy & Carbon Emission AuditReports leading to Reductions in

Costs , CO2 Emmissions andCarbon Footprints.

We provide Training solutionsand RTO Accreditted Courses In

Sustainability, Laboratory,

Chemical ,Environmental andQuality Auditing.

We can deliver the audting process ofconducting a systematic examinationof your quality system.

We can deliver a systematicalexamination of your managementsystems carried out by an auditor or anaudit team. It is an important part of

organisation's quality managementsystem and measured against the

Australian and New Zealand SafetyStandard 4801.


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Independent Inspections Pty LtdIndependent Inspections Pty Ltd

Mr. Peter Greenham

Qualifications:- Diploma of Civil Engineering- Associate Diploma of Laboratory

Operations- Diploma of Quality Management- Diploma of Business- Lead Environmental Auditor- Diploma of workplace training and

Assessment- NATA Asessor

Your Carbon Auditors

P: 1300 857 149F: 1300 857 150

Sales Team

Mr. Jonathan Yuen (B.Bus)M: 0419 188 779

[email protected]

Mr. Peter Greenham

M: [email protected]

carbon credit presentation peter greenham iigi

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