Carbon Farming Initiative

Carbon pricing mechanism repeal

The Clean Energy Act 2011 has been repealed. This abolishes the carbon pricing mechanism from 1 July 2014. Liable entities must still meet their carbon price obligations for the 2013-14 financial year.

Content on the Clean Energy Regulator website will be progressively updated to reflect these changes. More information can be found on the carbon pricing mechanism repeal page.

There are different types of activities that can be conducted under the Carbon Farming Initiative. These fall into two categories – emissions avoidance, where greenhouse gas emissions are prevented from entering the atmosphere, and sequestration, where carbon is stored on the land.

The scope of emissions avoidance and sequestration activities​​ that may be eligible under the Carbon Farming Initiative is defined under the Carbon Credits (Carbon Farming Initiative) Act 2011. A methodology determination must also be in place for activities under the Carbon Farming Initiative, to be considered an eligible project by the Clean Energy Regulator.

See the five steps to participate in the Carbon Farming Initiative for more information on applying to join and conduct a project through to earning ACCUs and completing a project.

ACCUs issued under the Carbon Farming Initiative can be sold to people and businesses wishing to offset liability under the carbon pricing mechanism until 2 February 2015. ACCUs may continue to be sold after that date to people and businesses wishing to voluntarily offset their emissions.

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Environmental or mallee plantings using FullCAM method released

The Reforestation by Environmental or Mallee Plantings – FullCAM methodology determination is now available. Projects using this methodology must establish and maintain either a permanent mixed-species or mallee tree planting.

Latest newsletter - Carbon Farming Initiative October Update

In this issue information on transitioning to the proposed Emissions Reduction Fund, as well as new methodology determinations available and more...

Transitioning from the CFI to the ERF

If you’re running an eligible offsets project in the CFI, have applied to run a project or are thinking about a project using a CFI method, this information regarding transitioning from the CFI to the ERF will help you understand what you need to know.