Diversified revenue Carbon credits provide another income stream for your business. Cattle quality Better-bred, healthier cattle produce more beef from fewer animals. Herd health Quality feed improves rates of herd health and survival. Quicker maturation Improved nutrition helps animals reach mature weights more quickly. Help with these projects The basics Introduction to beef cattle herd management projects, how they work and their eligibility requirements. Show me the basics The details Further information and resources on beef cattle herd management projects under the Emissions Reduction Fund. Show me the details How these projects work Beef cattle emit greenhouse gases throughout their lives. A beef cattle herd management project focuses on improving herd management practices to quicken cattle maturity (so cattle on the land are producing emissions for fewer days) or reduce head of cattle needed to produce the same amount of beef. The reduction in emissions earns you carbon credits. These improvements could be generated from a range of practices like providing year-round feed supplements to increase cattle growth, establishing higher quality pastures, improving genetics, or culling unproductive animals. Project activities You can reduce cattle emissions through the introduction of new practices that deliver one or more of the following: Increased herd weight to age ratio (heavier, younger cattle). Reduced average herd age. Reduced proportion of unproductive animals in the herd. Increased total annual liveweight gain of the herd through changed livestock class proportions (for example, fewer breeding cattle and more weight-gaining productive animals because of higher weaner survival rates). Eligibility requirements To be eligible you must: Identify an eligible herd — herds must be grazed, continuously managed over time, identifiable from other herds and have at least three years of positive liveweight gain in the past seven years. Ensure you have data from the past seven years to calculate the historic liveweight gain of the herd. Establish legal right (the right to run your project and claim carbon credits) — for example, having ownership or control over cattle herds and the land on which the cattle are run. Make sure your project is new — you cannot have started project activities until we register your project. Running and reporting on your project You will need to run at least one of your project’s herd improvement practices each year. These practices either need to be new, or a significant change to practices you were undertaking before the project. There are operating, measurement, reporting and audit obligations in running a beef cattle herd management project. You will need to report on your project at least once every two years. You receive carbon credits each time you report herd emissions reductions to the Clean Energy Regulator over a period of seven years. Relevant legislation and resources Factsheet: Beef cattle herd management. Carbon Credits (Carbon Farming Initiative — Beef Cattle Herd Management) Methodology Determination 2015. Carbon Credits (Carbon Farming Initiative) Act 2011, the Carbon Credits (Carbon Farming Initiative) Regulations 2011 and the Carbon Credits (Carbon Farming Initiative) Rule 2015.