McVeigh Carbon Project 1 (Revoked)

McVeigh Carbon Project 1 (Revoked) is a soil carbon project located approximately 25km southwest of Wellington in the Dubbo local government area of New South Wales. It was registered in December 2022 and covers 292.27 hectares.

Soil Organic Carbon Sequestration (using Measurement and Models) projects involve building soil carbon levels by changing agricultural land management practices. Under this methodology, proponents must establish a baseline soil carbon level, implement eligible new management activities, and undergo routine physical soil sampling and testing to measure changes in soil organic carbon stocks over time. For this specific project, activities included altering the stocking rate, duration, and intensity of grazing to promote vegetation cover, applying nutrients to address soil material deficiencies, and establishing or rejuvenating pastures by seeding where there was previously limited or no pasture.

The Wellington and wider Central West region of NSW is a key agricultural zone known for mixed farming, heavily featuring sheep and cattle grazing alongside winter cropping such as wheat and canola. The area sits in a moderate rainfall zone, averaging roughly 600-620mm annually. Soils in this region generally consist of hardsetting Chromosols and Dermosols, with occurrences of deep cracking Vertosols.

An interesting note regarding this project is that it was officially revoked on July 15, 2026, under section 30 of the Carbon Credits (Carbon Farming Initiative) Rule 2015. This indicates that the project was voluntarily or involuntarily cancelled and will no longer participate in the scheme or generate Australian Carbon Credit Units (ACCUs). The project was managed by Agriprove Solutions Co No.1 Pty Ltd, a major project developer and proponent in the Australian soil carbon space.