Operating Companies

Perform the role of developing and implementing sustainability programs that may result in the creation and sale of environmental credits.

As at March 2009, Prime Carbon Pty Ltd is the primary company that performs this role within the cluster.  In additon, My Clean Sky has emerged as a provider of offsets and other services to retail clients of the travel industry in the region. In the future as further companies emberge, they will be included.

Prime Carbon Pty Ltd

Prime Carbon Pty Ltd is a privately owned company that exists to assist in reducing the Net Carbon Emissions of commerce and industry based in North Queensland by linking these with enviornmentally sustainable farming and industry practices.  This involves supporting a range of technologies aimed at restoring and maintaining soil carbon reserves and encouraging reduced emissions from fertiliser use and incoproration of renewable energy sources.

Prime Carbon has developed a process which allows Carbon Credits to be issued in exchange for landholders undertaking a specific set of actions whic lead to the capture of carbon in soil or a reduction of emissions from land management.  This process has resulted in Prime Carbon becoming a leader in the establishment of systems to produce, aggregate and trade Carbon Credits of this type.

In general, the set of actions requires a landholder to:

1. reduce the use of chemical fertilizers by at least 30%
2. adopt minimum tillage practices being no more than once annually and then only to a maximum depth of 200 mm
3. use approved Bio-fertilizers and Inoculants
4. allow independent measurement of incremental changes in carbon in the allocated land to be undertaken and
5. allow independent auditing of the process.

This set of actions amounts to a controlled implementation of sustainable practices for the management of soil carbon reserves. Importantly, there is no restriction on continuing to farm or use the allocated land during the agreement term.

The vision of Prime Carbon is that by 2013 the company will:

• convert at least 1 million hectares to sustainable farming practices
• provide $1 billion pa in commercial opportunities for the North Queensland region
• provide substantial wholesale Carbon Credit Units for trading at a National and International level
• be seen as the benchmark for regionally focused carbon exchange programs in Australia
• be a focal point for on-going research into sustainable technologies

Prime Carbon will donate 5 cents from every Carbon Credit sold that was created within the Townsville region and 1 cent from every Carbon Credit sold that was created outside the Townville region to the "Carbon Townsville Sustainability Benefit Fund".