1. What is a carbon offset?

2. How can I offset my emissions with Greenfleet?

3. Where does Greenfleet plant the native forests?

4. Why does Greenfleet plant biodiverse forests?

5. What happens if there is a catastrophic event?

6. How does Greenfleet work out how much carbon each tree stores?

7. What standards does Greenfleet meet?

8. How much does it cost to offset with Greenfleet?

9. Is my contribution to Greenfleet tax-deductible?

10. Can I volunteer for Greenfleet?

11. Does Greenfleet work with fundraising agencies?

12. Does Greenfleet sell trees?

 

Biodiversity

Biodiversity is the shortened form of two words - "biological" and "diversity." It refers to all the variety of life that can be found on Earth (plants, animals, fungi and micro-organisms) as well as to the communities that they form and the habitats in which they live.

>> Click here to find out more about Greenfleet's work in protecting Australia's unique biodiversity.

 

Biosequestration

 
Biosequestration is the process of capturing and storing carbon in living organisms such as plants and algae. This occurs through the natural process of photosynthesis, explained below.

Graphic to explain photosynthesis and biosequestration

Through the process of photosynthesis, trees convert carbon dioxide and water into sugars (and fibre) for growth and release oxygen back into the atmosphere.
 

 

Carbon abatement

 

Carbon abatement means:

     (a) the removal of one or more greenhouse gases from the atmosphere; or
     (b) the avoidance of emissions of one or more greenhouse gases.

 

Carbon Dioxide Equivalent
(CO2-e)

 

Carbon dioxide equivalent or CO2-e is a term for describing different greenhouse gases in a common unit. For any quantity and type of greenhouse gas, CO2-e signifies the amount of CO2 which would have the equivalent global warming impact.

 

Carbon neutrality

  

Carbon neutrality, or having a net zero carbon footprint, refers to achieving net zero carbon emissions by balancing a measured amount of carbon released with an equivalent amount sequestered or offset, or buying enough carbon credits to make up the difference.

Carbon neutral is a term that implies that there are no net emissions from the activity or product. Use of this term has come under increasing scrutiny by the Australian Competition and Consumer Commission (ACCC). Organisations should consider the entire life cycle of a product when making claims about carbon neutrality.

Under the Australian Consumer Law, all businesses should ensure they are not misleading their customers with any claims they make. As per the ACCC Green Marketing Guidelines, any claims made by an organisation about carbon neutrality should be factually based and not overstated.

Offsetting carbon emissions with Greenfleet alone does not make a business carbon neutral. To claim 'carbon neutrality', an independently verified audit of the organisation needs to be carried out, taking into account all sources of carbon emissions in producing and distributing products, delivering services, etc.

 

Carbon offsets

 

A carbon offset is a project or activity that reduces greenhouse gas emissions or sequesters (captures) carbon from the atmosphere.

Greenfleet offsets carbon emissions by planting native forests, which capture carbon dioxide from the environment as they grow.

 

Carbon rights

 

A carbon right, or Carbon Abatement Interest, is a type of land interest that confers the right or ownership associated with the carbon on a piece of land to another.

For every new reforestation project, Greenfleet enters into an agreement with the landholder which is registered on title (like a covenant) to protect the forest. This assigns the carbon of the forest to Greenfleet.

 

Carbon sequestration

 

Carbon sequestration is the general term used for the capture and long-term storage of carbon dioxide.

 

Climate change

 

>> Click here to find out more about climate change.

 

Emissions Reduction Fund (ERF)

 

The Emissions Reduction Fund (ERF) is a Government-led voluntary scheme that aims to provide incentives for a range of organisations and individuals to adopt new practices and technologies to reduce their emissions. It is enacted through the Carbon Credits (Carbon Farming Initiative) Act 2011, the Carbon Credits (Carbon Farming Initiative) Regulations 2011 and the Carbon Credits (Carbon Farming Initiative) Rule 2015.

A number of activities are eligible under the scheme and participants can earn Australian carbon credit units (ACCUs) for emissions reductions.

One ACCU is earned for each tonne of carbon dioxide equivalent (tCO2-e) stored or avoided by a project. ACCUs can be sold either to the government through a carbon abatement contract, or in the secondary market.

 

Greenhouse Gas (GhG)

 

A greenhouse gas is any gaseous compound in the atmosphere that is capable of absorbing infrared radiation, thereby trapping and holding heat in the atmosphere. By increasing the heat in the atmosphere, greenhouse gases are responsible for the greenhouse effect, which ultimately leads to global warming.

The primary greenhouse gases in Earth's atmosphere are carbon dioxide, methane, nitrous oxide, ozone, water vapor and fluorinated gases.