Carbon Conscious Carbon Capture Project 2

Carbon Conscious Carbon Capture Project 2 is an environmental planting project located across multiple properties in the Western Australian Wheatbelt, generally situated between 100km and 300km inland from Geraldton and north-east of Perth. It was registered in June 2014 and covers an expansive 12,938.89 hectares.

Environmental and mallee planting projects involve establishing permanent plantings of native tree species on land previously cleared for agricultural purposes. These trees, typically native mallee eucalypts, are planted at a sufficient density to establish a forest canopy cover, thereby sequestering carbon from the atmosphere over the long term.

The Wheatbelt region (specifically the Central and Northern Agricultural Regions of WA) is heavily utilised for broadacre dryland cropping and sheep grazing. The area typically experiences a semi-arid to Mediterranean climate with low to medium winter-dominant rainfall, and the native soils generally consist of sandy loams, duplex sand-over-clay, and lateritic gravels.

This project involves the planting of millions of native mallee trees to turn degraded farmland into a permanent carbon sink, with the forest legally required to stay in place for at least 100 years. The project has undergone several variations on the registry, notably shifting its proponent to ACCU Asset Management Pty Ltd following a 2018 corporate demerger of the carbon business from Alterra Limited (formerly Carbon Conscious Limited). It successfully completed its Commonwealth carbon abatement contract (CAC201436), and its Australian Carbon Credit Units (ACCUs) are actively purchased and retired in the voluntary market by large corporate entities, such as Dexus, to meet their Climate Active carbon neutral targets.