To conduct an aviation project and earn ACCUs make sure you read and understand the method and other legislative requirements. You will need to:
- Review the
Carbon Credits (Carbon Farming Initiative—Aviation) Methodology Determination 2015 (method) and its
Explanatory Statement.
- Understand how the
Carbon Credits (Carbon Farming Initiative) Act 2011 (the CFI Act), the
Carbon Credits (Carbon Farming Initiative) Regulations 2011 and the
Carbon Credits (Carbon Farming Initiative) Rule 2015 apply to your project.
- Ensure you have the legal right required to conduct the project as well as any consents required.
- Open Australian National Registry of Emissions Units (ANREU) account if you do not have one already.
- Apply to the Clean Energy Regulator to have your project declared an Emissions Reduction Fund project before you start the project activities.
- Set up your project according to the instructions in Parts 2 and 3 of the method. Set up record keeping and monitoring systems for your project as required by Part 5 of the method.
- Estimate the average annual abatement of your project, obtain an audit schedule for your project from the Clean Energy Regulator and engage a Category 2 or 3 Greenhouse and Energy Auditor early on in your project. Submit audits of your project according to your audit schedule.
- Determine the amount of emissions avoided by your project using the calculations in Part 4 of the method. Convert the amount of emissions avoided into carbon dioxide equivalents (CO2-e).
- Submit your project report and application for ACCUs to the Clean Energy Regulator for assessment.