Carbon Conscious Carbon Capture Project 2

EOP100638

Project Information:

Carbon Conscious Carbon Capture Project 2 is a permanent mallee planting project located across multiple properties in the Central and Northern Agricultural Regions of Western Australia, stretching through the Wheatbelt and Mid West regions inland from coastal hubs like Geraldton and Perth. It was registered in June 2014 and covers a vast project area of 12,938.89 hectares.

The project operates under the Reforestation by Environmental or Mallee Plantings (FullCAM) methodology. Environmental and mallee planting projects involve establishing permanent plantings of native tree species on land that was previously cleared for agricultural use. Standard requirements dictate that trees must be planted at a sufficient stocking density to achieve forest cover (typically at least 200 stems per hectare), and carbon sequestration is modelled using the government's FullCAM software tool.

The surrounding region is heavily utilized for broadacre cropping and sheep grazing. The area features a Mediterranean to semi-arid climate characterized by low to medium winter-dominant rainfall. Soils across this vast agricultural belt typically vary between sandy loams, clay, and duplex soils. Re-establishing deep-rooted mallee trees in these areas is widely recognized for helping mitigate dryland salinity and preventing wind erosion.

The project has an interesting corporate history, having originally been developed by Carbon Conscious Limited with the mallee trees planted between 2009 and 2012. After a participant name change to Alterra Limited in 2016, the carbon business was eventually demerged and the project's proponent became ACCU Asset Management Pty Ltd. The project generates Australian Carbon Credit Units (ACCUs) that are highly sought after in the voluntary market, with public records showing that entities such as the City of Adelaide and AGL Energy have retired offsets from this specific project to support their carbon-neutral strategies.