'Daly Pty Ltd (Revoked)

Daly Pty Ltd is a soil carbon project located approximately 20km southeast of the major town of Young in the South West Slopes region of New South Wales. It was registered in June 2021 and covers 1,174.81 hectares.

Soil carbon projects involve altering agricultural management practices to increase the storage of carbon in the soil. Under the Estimation of Soil Organic Carbon Sequestration using Measurement and Models methodology, projects must determine soil carbon changes through rigorous soil baseline sampling and laboratory analysis alongside modelled estimates. This specific project focuses on converting from intensive tillage practices to reduced or no tillage practices, which helps to minimize soil disturbance, retain structure, preserve moisture, and build organic carbon within the agricultural system.

The Young region is a prominent agricultural hub known for extensive dryland cropping, grazing operations, and horticulture. The local environment experiences a temperate climate with a moderate average annual rainfall of approximately 625mm. The underlying soils in this region are predominantly fertile red-brown earths and chromosols, which are highly productive and widely considered the workworkhorse soils for agriculture in New South Wales.

The project was initially registered under the older 2018 soil carbon measurement methodology before transitioning to the updated 2021 measurement and models methodology via a project variation in November 2025. Partnering with carbon service provider Climate Friendly Pty Ltd, the project had initially nominated a 25-year permanence period. However, the project was ultimately revoked under section 30 of the CFI Rule on July 20, 2026.