Regulator comes clean with carbon credit data release

Regulator comes clean with carbon credit data release

Previously secret knowledge has been launched by the Clean Energy Regulator after questions had been raised concerning the integrity of strategies used to generate carbon credit.

The Carbon Estimation Area (CEA) knowledge was issued on Friday, as really useful by a latest evaluation of Australia’s carbon credit score scheme and after a legislation change allowed the discharge.

“This is an important step towards a more informed market and increased trust and confidence in the draw down of carbon at scale within Australia’s path to net zero,” regulator David Parker mentioned.

Carbon credit are supported by an assurance framework which ensures they represented actual abatement, he mentioned.

In addition, greater than 60 farmers who accomplice with carbon farming firm Climate Friendly voluntarily launched knowledge to show the success of their tasks.

Grazier Michael Marshman mentioned he was involved misinformation round carbon farming may undermine a crucial nationwide effort at a time when the specter of local weather change calls for pressing motion

Farmers are calling for a nationwide knowledge sharing platform and deeper knowledge to keep away from confusion concerning the impacts of carbon farming.

Climate Friendly co-CEO Skye Glenday mentioned farmers deserved to have their tasks precisely assessed with subtle instruments, and validated with excessive precision drone and area knowledge and a long time of land administration and livestock data.

The data launched by farmers contains when forest regeneration started, key modelling parameters and the geospatial and land administration knowledge used to evaluate eligibility and monitor carbon drawdown.

A CEA is the world the place carbon will likely be saved, and for which carbon credit are issued.

But beforehand accessible knowledge raised questions concerning the efficiency of some tasks.

The latest carbon credit score evaluation led by former chief scientist Ian Chubb discovered the general carbon credit score scheme was basically sound however wanted impartial scrutiny and extra transparency.

Source: www.perthnow.com.au