Climate Solutions #3 Project (Revoked)

ERF154522

Project Information:

Climate Solutions #3 Project (Revoked) was an industrial energy efficiency project registered by Corporate Carbon Advisory Pty Ltd. Unlike standard land-sector projects that are tied to specific rural properties, this project was registered with a "Nation Wide" location. This classification indicates that the project was likely designed as an aggregation of activities across multiple industrial or commercial sites throughout Australia, rather than being situated at a single geographic set of coordinates. Consequently, standard regional analyses such as nearest major town, rainfall classification, or soil type are not applicable to this project structure.

The project operated under the Carbon Credits (Carbon Farming Initiative, Industrial Electricity and Fuel Efficiency) Methodology Determination 2015. This methodology is designed to credit emissions reductions achieved through upgrades to equipment or changes in fuel use. Specifically, Climate Solutions #3 aimed to improve energy efficiency by installing onsite electricity generation equipment. This new equipment was intended to generate power to substitute electricity that would otherwise be drawn from the grid, thereby reducing the project's overall carbon footprint relative to the baseline scenario.

Registered on March 10, 2020, the project remained active for nearly four years before being revoked on February 15, 2024. The revocation occurred under Section 30 of the Carbon Credits (Carbon Farming Initiative) Rule 2015, which typically refers to a voluntary revocation request made by the project proponent. Public records indicate that zero Australian Carbon Credit Units (ACCUs) were issued to the project during its lifespan, suggesting that it may not have reached the implementation or reporting milestones required to generate creditable abatement before it was voluntarily cancelled.