First savanna sale!
Caltex has bought the first carbon credits from a savanna project – around $0.5m for 28,000 credits from the Fish River Fire Project in the NT – this SBS story brings it to life. The Clean Energy Regulator previously issued the first carbon credits for savanna burning in May.
This is great news for savanna burning and Indigenous projects – it can be done! The Fish River Project has now achieved registration, reporting, auditing, crediting and sale under the CFI, not to mention a whole lot of work on the ground – well done traditional owners and Indigenous Land Corporation!
