traded to forestry For benchmark (afforestation or sequestration participants. reforestation). projects, the Each Carbon certificate Sequestration represented Rule specified one tonne the acceptable CO2-e. parameters to be used in GGAS also estimating allowed carbon benchmark sequestration and calculating participants to count carbon stock Renewable changes. Energy Certificates was no from scope for Australia’s methodologies Renewable to be Energy developed by Target third parties. towards their greenhouse gas benchmark. GGAS stimulated a wide range of accredited abatement projects. Together, these projects created 144 million abatement certificates. Sources: Electricity Supply Amendment (Greenhouse Gas Emission Reduction) Act 2002 and Regulations 2002; Greenhouse Gas Benchmark Greenhouse Gas Reduction Scheme website; IPART 2012, 2013; New South Wales Government 2011.
traded to benchmark participants. Each certificate represented one tonne CO2-e. GGAS also allowed benchmark participants to count Renewable Energy Certificates from Australia’s Renewable Energy Target towards their greenhouse gas benchmark. GGAS stimulated a wide range of accredited abatement projects. Together, these projects created 144 million abatement certificates. forestry (afforestation or reforestation). For sequestration projects, the Carbon Sequestration Rule specified the acceptable parameters to be used in estimating carbon sequestration and calculating carbon stock changes. was no scope for methodologies to be developed by third parties. Sources: Electricity Supply Amendment (Greenhouse Gas Emission Reduction) Act 2002 and Regulations 2002; Greenhouse Gas Benchmark Greenhouse Gas Reduction Scheme website; IPART 2012, 2013; New South Wales Government 2011.
CCA_CFIStudyPublicReportHTMLAppendixA.docx