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Money grows in trees, new carbon abatement calculator

April 24th, 2023Money grows in trees, new carbon abatement calculator

In a national first, the Victorian Government has worked with CSIRO, Australia’s national science agency, to become the first state to include Plantation and Farm Forestry methods in their online carbon abatement calculator “LOOC-C” (‘look see’).

In a national first, the Victorian Government has worked with CSIRO, Australia’s national science agency, to become the first state to include Plantation and Farm Forestry methods in their online carbon abatement calculator “LOOC-C” (‘look see’).

The calculator will help Victorian landowners, including those residing in the Hepburn Shire area, to learn about opportunities for plantation and farm forestry activities to sequester carbon and generate revenue on their land. It will also link landowners to Victorian Government grant programs to grow trees on their properties.

LOOC-C directs users to select an area of land via a map, and then estimates the total carbon abatement in Australian Carbon Credit Units (ACCUs) potentially available under a range of methodologies through the Commonwealth Government’s Emissions Reduction Fund (ERF) endorsed by the Clean Energy Regulator.

LOOC-C is available at looc-c.farm

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