Main content area

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).

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.

Using the method

To use this method 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 (ERAC) conducts public consultations before giving advice about making or varying a method. Once finalised the ERAC advises the Minister on whether the new or varied method meets the offsets integrity standards.

Read the ERAC’s advice to the Minister on making the method in 2021 [862KB PDF] [1.39MB DOCX]

See the public consultation and method draft on our Consultation hub.

Read more

Connect with us

Contact us

Email our department:

Last updated: 15 December 2021

Content ID: 70325