DAC-2015-05 (Revoked)

DAC-2015-05 (Revoked) is a Native Forest from Managed Regrowth project located in the Balonne local government area of South West Queensland, near towns such as St George and Dirranbandi. It was registered in September 2015 and covers a project area of 8205.46 hectares.

Native Forest from Managed Regrowth projects involve allowing native vegetation to regenerate into a permanent native forest from in-situ seed sources, including rootstock and lignotubers. This is typically achieved by ceasing activities that suppress regrowth, such as mechanical or chemical clearing for pastoral use, allowing the vegetation to eventually achieve forest cover, standardly defined as a canopy cover of at least 20% and a height of 2 meters.

The Balonne Shire region is primarily known for rural industries including beef cattle and sheep grazing, alongside significant irrigated cotton and dryland cropping. The area experiences a semi-arid climate with an average annual rainfall of approximately 490mm to 550mm. The soils in this region commonly consist of cracking clays, red-brown earths, and sandy loams.

The project activities for DAC-2015-05 involved the cessation of mechanical or chemical destruction of regrowth on land previously subjected to at least one comprehensive clearing for pastoral use. The project originally secured a Carbon Abatement Contract (CAC290748) in November 2016 for a fixed delivery of 150,250 ACCUs. However, this contract lapsed or was terminated on May 1, 2018, with zero abatement sold to the Commonwealth. The project itself was subsequently revoked on August 20, 2021, under section 30 of the CFI Rule. In an interesting corporate development, the project's original proponent, Devine Agribusiness Carbon Pty Ltd, was acquired by the major environmental markets investor GreenCollar in July 2021 to further integrate carbon farming with Queensland grazing operations.