'Greenacres Carbon Capture

Greenacres Carbon Capture is a Plantation Forestry project located approximately 16km east of Gloucester in the Mid-Coast region of New South Wales. It was registered in June 2024 and covers an area of 76.79 hectares.

Plantation Forestry methodology projects involve earning Australian Carbon Credit Units (ACCUs) by storing additional carbon in plantations, harvested wood products, or permanent forests. Standard requirements dictate that projects can either establish new plantations, convert from short-rotation to long-rotation, or transition an existing plantation to a permanent not-for-harvest forest. This project sequesters carbon by transitioning an existing plantation to a permanent forest, specifically in situations where the plantation is at risk of being converted to non-forested land.

The Gloucester and Mid-Coast area is well known for forestry operations, beef cattle grazing, and dairy farming. The region is considered a high rainfall zone with a warm temperate to sub-tropical climate, providing the adequate moisture necessary for vigorous forest and pasture growth. Soils in the surrounding area are typically variable, often featuring clay loams and alluvial soils in the valleys, grading into shallow dermosols on the ridges.

Developed by Carbon Fix Pty Limited, a proponent active in high-rainfall carbon projects, the project utilises the FullCAM 2016 model for carbon estimation. It has been registered with a 25-year permanence and crediting period running until 2049, ensuring the tree canopy remains intact and carbon is stored permanently rather than released through traditional timber harvesting.