Penola Plantations 2026 - P26-3 Myaring West

Penola Plantations 2026 - P26-3 Myaring West is a plantation forestry project located in the Myaring area of south-western Victoria, situated approximately 15km north-west of Dartmoor and 45km east of Mount Gambier. It was registered in October 2025 and covers 269.75 hectares within the renowned "Green Triangle" region.

Plantation forestry projects under the ACCU scheme sequester carbon by establishing new plantations, transitioning to long-rotation cycles, or avoiding the conversion of existing or harvested plantations to non-forested land. Standard requirements include maintaining the plantation forest for the commercial harvesting of wood products and meeting specific tree stocking densities.

The Green Triangle region's land use is heavily dominated by commercial forestry, supporting expansive softwood (such as radiata pine) and hardwood plantations alongside agricultural grazing and natural wetlands. The area is classified as high rainfall, typically receiving between 600mm and 650mm annually. Soils in this region generally consist of sandy topsoils, often featuring a sandy 'A' horizon, overlying clay or lateritised basements, which provide suitable drainage and root penetration for robust commercial tree growth.

This project achieves abatement by avoiding the conversion of a plantation to non-forested land and continuing the plantation cycle to yield wood products. Managed by Timberlands Pacific Pty Ltd on behalf of the Green Triangle Forest Operating Sub Trust, the Myaring West block is part of an integrated estate of 64 forests spanning the South Australia and Victoria border. Historically, this specific forestry block has seen dynamic silviculture activity, including specialized salvage logging operations to recover timber following windthrow events. Today, the broader Green Triangle region contributes around 17% of Australia's entire plantation footprint, and carbon projects like this one help ensure an ongoing, high-quality timber supply for local processing mills.