Prime Carbon assists in offsetting the carbon emissions of commerce and industry by linking these with environmentally sustainable farming and industry practices. Initially this involves supporting a range of technologies aimed at restoring and maintaining soil carbon reserves.
Australia currently operates a market where buyers can voluntarily purchase carbon credits to offset carbon emissions. The signing of the Kyoto Agreement by Australia also means that in the near future more stringent requirements for managing carbon will exist. Prime Carbon is well placed to assist in this management process and is working with the Dept of Climate Change, National Environment Registry and others to provide data and mechanisms which assist in the formation of the regulatory environment.
The capture of carbon which results from activities undertaken under a voluntary agreement with Prime Carbon assists in the reduction of Australia's total carbon footprint. While the potential financial rewards for this are important, Prime Carbon sees the adoption of these types of activities as critical steps in promoting a sustainable ecological future for Australia.