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Carbon capture and storage method

This Methodology Determination (method) provides the rules for crediting emissions reductions under the Emissions Reduction Fund (ERF) through the capture and permanent storage of greenhouse gases in underground geological formations.

Read the Carbon Credits (Carbon Farming Initiative – Carbon Capture and Storage) Methodology Determination 2021 (Carbon capture and storage method).

Read the Explanatory Statement (for the original Determination as made).

There are specific arrangements for carbon capture and storage (CSS) projects covered by this method. These enable CCS projects to have an extended accounting period, and more time to defer the start of crediting periods.

Read the Carbon Credits (Carbon Farming Initiative) Amendment (Carbon Capture and Storage Projects) Rule 2021.

Read the Explanatory Statement for the amendment.

Using the method

To use this method in your project and take part in the ERF, you need to apply to the Clean Energy Regulator. The Regulator develops the methods and manages project registration, compliance and crediting emissions reductions for projects under the ERF.

Visit the Regulator’s website for:

Consultation on the method

The Emissions Reduction Assurance Committee conducts public consultations. Once finalised the Committee advises the Minister on whether the method meets the offsets integrity standards.

See public consultation on the making of the method on our department’s Consultation hub.

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Last updated: 7 October 2021

Content ID: 70325