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Farmers Need to be Carbon Aware
28 April 2011 (Farm Weekly) – The Carbon Farming Initiative (CFI) will provide more opportunities for farmers if it is linked to an emissions trading scheme (ETS). Carbon Conscious business development director Daniel Stevens said carbon prices were dependent on demand which was higher in a compliant market than a voluntary one. "If they are not Kyotocompliant, they are likely to be in a voluntary market and prices in a voluntary market are variable and likely to be less," he said. Mr Stevens said prices for voluntary carbon credits were in the low single digits as compared to the $20 to $30 a tonne the government was talking about for its capped ETS. He said Certified Emissions Reductions (CER) were currently trading at 13 to 14 Euros, European Union Allowances at 17 Euros, Voluntary Carbon Standard units at US$5 to $20 and New Zealand Units at NZ$20. Read More
Carbon Offset Deal could be first of many
1 April 2011 (Dominion Post) – An Australian company is to plant one million trees near Gisborne after winning an $11m contract from an energy company to help offset its carbon liabilities. ASX-listed Carbon Conscious announced its first New Zealand contract yesterday, under which it will establish a carbon forest sink with an unnamed “major Australasian energy company”. Carbon Conscious, which is based in Perth, already has contracts in Australia with Origin Energy and the deal is believed to be with Contact Energy, which is majority owned by Origin Energy. Chief Executive Peter Balsarini said the emissions trading scheme, which requires companies to offset their carbon emissions, and a well established forestry industry, meant New Zealand land could hold similar potential to its home market. Read More
Carbon Conscious in New Zealand Expansion
31 March 2011 (WA Business News) – Perth based environmental group Carbon Conscious says it is expanding across the Tasman, after it entered into a $NZ11 million carbon forest sink deal with a New Zealand based energy company. The contract involved Carbon Conscious establishing carbon forest sink plantings over multiple seasons, commencing this year. Carbon Conscious estimated it would plant up to 1 million trees under the deal. A carbon emissions trading scheme has been in place in New Zealand since January 2008. "We are excited about our expansion into New Zealand and pleased that we have secured our initial New Zealand client," Carbon Conscious chief executive Peter Balsarini said. "The New Zealand expansion offers Carbon Conscious a significant opportunity to capitalise on our technical and operational capabilities and client relationships. Read More
BP Hires Carbon Conscious to Plant Australian Forests
14 October 2009 (Bloomberg) – BP Plc, Europe’s second-largest oil company, hired Carbon Conscious Ltd. to plant gum-tree forests in Australia that will absorb greenhouse-gas emissions as businesses prepare for the introduction of climate-change laws. Carbon Conscious will plant as many as 10 million eucalypt trees for BP next year on less-arable farmland in Western Australia’s wheat-growing areas, the Perth-based company said today. Read More
Origin seals Carbon Conscious deal
16 July 2009 (SMH) – Origin Energy Ltd has sealed an agreement with Carbon Conscious Ltd for a large scale carbon sequestration project utilising native eucalypt trees to be planted in Australia wheat-belt regions. If Origin exercises its options, the deal could represent the largest carbon forest sink development program in Australia to date, with a value of up to $169 million to be paid over the 15 year life of the project. Read More
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