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AFC has developed an interactive carbon calculator that will provide a ready reckoner for interested forest managers and land owners. Similar to a real estate ready reckoner, the calculator enables easy estimation of carbon credit revenue potential.
The web site provides a simple data entry screen which interfaces with a carbon sequestration calculator and stored databases. The enquirer will be able to view a graphic estimation of carbon sequestration over time, wood production over time, and revenue estimates for both carbon credits and timber,
DOWNLOAD AFC ACCREDITATION PDF
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| Carbon Sequestration in NSW
The NSW Greenhouse Gas Abatement Scheme is one of the first mandatory greenhouse gas trading schemes anywhere in the world. The carbon sequestration component of this scheme requires a forest to be established on previously non-forested land and that any sequestration claims be verified in a transparent manner for the subsequent 100 years.
The 1/1/1990 Kyoto baseline is used to determine what land is eligible for the scheme, and the scheme administrator requires regular audit information in order to ensure that sequestration providers are not printing counterfeit carbon credits or illegally releasing stored carbon.
The creation of carbon credits rely heavily on research and modelling to provide an estimation of the number of credits available for sale. The NSW scheme has implemented a requirement that there be a 70% chance that there is more carbon sequestered in any one stand than is claimed as credits, in order to provide confidence that traded credits are backed up by real sequestration. This requirement creates a need for well designed survey procedures and advanced statistical analysis techniques in order to maximise carbon returns from individual stands.
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