Vision
To be a leader in facilitating the rapid drawdown of atmospheric carbon into soil, working with land managers, industry, and government to deliver soil security and a safe climate.
Formation
The Soil Carbon Industry Group (SCIG) was formed by soil carbon practitioners who are actively operationalising soil carbon projects in Australia. There was a recognised need for knowledge sharing, in addition to providing a unified voice on project opportunities and challenges to government and other key stakeholders.
Working with the ERF
Without positive and direct action by the Government, industry, and community, Australia’s national emissions will grow strongly beyond 2020 as the economy grows.
The Emissions Reduction Fund continues to sit at the centre of the Government’s climate policy.
Three principles guide decisions on the design of the Emissions Reduction Fund (ERF):
- Lowest cost emissions reductions.
- Genuine emissions reductions: The ERF purchases emissions reductions that make a real and additional contribution to reducing Australia’s greenhouse gas emissions.
- Streamlined administration: The ERF makes it easy for businesses to participate.
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 then be sold to generate income.
The soil is the largest carbon sink over which we have control
Improving soil carbon is a win/win solution – improving water holding capacity, and soil structure, and productivity while being paid to take carbon from the air.