Over the last month, the following new approved methodologies for Offsets Projects under the Carbon Farming Initiative were tabled in Parliament and are now available on ComLaw:
- Carbon Credits (Carbon Farming Initiative) (Avoided Emissions from Diverting Legacy Waste through a Composting Alternative Waste Technology) Methodology Determination 2013; and
- Carbon Credits (Carbon Farming Initiative) (Quantifying Carbon Sequestration by Permanent Mallee Plantings using the Reforestation Modelling Tool) Methodology Determination 2013.
In addition, the Department has recently consulted on proposed amendments to the Carbon Credits (Carbon Farming Initiative) Regulations 2011 (Cth). We will provide you with further analysis of these amendments after they have been finalised.