Midway has developed the Carbon Project Agreement offer for landholders to encourage the development of more plantation forestry, and to contribute to the reduction of greenhouse gas levels in the atmosphere. Source: Timberbiz
Midway’s objective is to encourage the development of plantation forestry and expedite sequestration of atmospheric carbon.
This commercial offering is available to landholders who are keen to support commercial forest production and participate in Australia’s expanding carbon reduction market through the generation of carbon offsets.
Key requirements for eligible participants:
- A minimum of 20 hectares of suitable land for plantation forestry in Tasmania.
- Completion of proof of beneficial ownership of land and contracted counterparty by ACP.
- Successful feasibility assessment against an ERF plantation methodology conducted by ACP.
- Execution of the Carbon Project Agreement between ACP and the landholder.
- Registration of the project with the ERF by ACP.
- Registration of a forestry right over the intended plantation area by ACP.
Midway is an Australian forestry company founded in 1980 with business units across Australia and it is involved in all aspects of forestry, with a lead focus of wood fibre processing and exporting.
The development of the greenhouse gas emission abatement market in Australia has created new revenue opportunities for independent private property landowners, investors and forestry contractors.
Midway has developed the Carbon Project Agreement offer for landholders to encourage the development of more plantation forestry across Australia, and to contribute to the reduction of greenhouse gas levels in the atmosphere.
Midway Tasmania is a wholly owned subsidiary of Midway, it started in 2018, operating in hardwood and softwood plantations and native hardwood thinning operations across Tasmania, and processing wood fibre for export from Bell Bay.
Midway Tasmania undertakes planning, harvesting, wood processing, marketing, reforestation, and carbon project management services for Tasmanian landholders.
You can download more information here or contact Michael Schofield, Resource Manager and Sustainability, Midway Tasmania on 0409 711 640 or email [email protected]
