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LOOC-C carbon calculator
In a new video, Associate Professor Matthew Harrison from the Tasmanian Institute of Agriculture shows how to use CSIRO's LOOC-C calculator to quickly estimate existing soil carbon. The calculator also shows potential greenhouse gas emissions abatement from a range of carbon farming options under the Emissions Reduction Fund.
Note that soil carbon values are estimates only – for more accurate data, measurements are recommended.
The Australian Government is currently undertaking a review of Australian Carbon Credit Units (ACCUs), issued by the government's Emissions Reduction Fund. Under the fund, projects that reduce emissions are rewarded with carbon credits. These credits can be sold on the carbon market to entities that want to offset their emissions. Each credit represents one tonne of carbon abatement. Concerns were recently raised about several aspects of Australia’s carbon crediting system, including the integrity of its key methods and the Australian carbon credit units issued under it.
A review of the carbon crediting framework will take six months to complete, with the panel expected to provide its report, along with recommendations, to the government by 31 December 2022.
The LOOC-C video is available here: https://www.youtube.com/watch?v=FtOTQq3x21M CSIRO's LOOC-C tool is available across Australia and can be found here: https://looc-c.farm/