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Carbon Credits (Carbon Farming Initiative) Act 2011
54Sequestration offsets projects
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54 Sequestration offsets projects
For the purposes of this Act, a project is a sequestration offsets project if it is a project: (a) to remove carbon dioxide from the atmosphere by sequestering carbon in one or more of the following: (i) living biomass; (ii) dead organic matter; (iii) soil; or (b) to remove carbon dioxide from the atmosphere by sequestering carbon in, and to avoid emissions of greenhouses gases from, one or more of the following: (i) living biomass; (ii) dead organic matter; (iii) soil.