Documente Academic
Documente Profesional
Documente Cultură
November, 2001
ISSN 1329-8062
AG0904
Carbon sinks
The current definitions state that a carbon sink can be
composed of any tree species that has the potential to grow
over two metres in height and have a canopy cover of at
least 20%. Therefore, this excludes shrubs and grasses. A
plantation must also be greater than one hectare in size and
must be established on land that was cleared prior to 1990.
The plantation itself must have been established in or after
1990.
Establishment of plantations on cleared land will result in a
higher average carbon density over time, irrespective of
thinning and harvesting regimes. This is as long as the land
is maintained under a plantation system in perpetuity.
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Carbon rights
AG0904
Registration
Only forest property agreements can be registered on the
title to the land, however, it does not form an interest in the
land. Carbon rights are a part of a Forestry Rights
agreement and therefore do not appear separately on the
land title.
The following details must be sent to NRE:
notification of any carbon rights agreement
the land to which the agreement applies
the area of land to which that agreement applies
Details on any carbon rights agreement should be sent
within 28 days to:
Private Forestry
PO Box 500
East Melbourne VIC 3002
There is a proforma on the NRE private forestry website
(available soon) that can be printed off, completed and
posted to NRE.
Are there other changes introduced by the
legislation?
There is a legislative requirement to notify the Department
of Natural Resources and Environment (NRE) that parties
have entered into a carbon rights agreement.
The holder of a registered encumbrance ie. a mortgagee,
must be notified when a forest property agreement is being
established.
Further information
NRE Customer Service Centre
Ph. 136 186
Private Forestry Website:
www.nre.vic.gov.au/forestry/private
Australian Greenhouse Office:
www.greenhouse.gov.au
.
This publication may be of assistance to you but the State of Victoria and its officers do not guarantee that the publication is without flaw of any
kind or is wholly appropriate for your particular purposes and therefore disclaims all liability for any error, loss or other consequence which may
arise from you relying on any information in this publication.
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