Public submission to the Clean Energy Regulator: FullCAM Model & Guidelines Update

The Department of Industry, Science, Energy and Resources is preparing to release an update to the Full Carbon Accounting Model (FullCAM) for public use from 1 September 2020. FullCAM is used to construct Australia’s national greenhouse gas emissions account for the land sector and must be used for some vegetation method projects in the Emissions Reduction Fund (ERF).

Corporate Carbon Advisory have provided a public submission, which can be found on the Clean Energy Regulator’s page. Our main ideas are:

• The proposed updates are likely to lead to enhanced functionality and may provide great value for project proponents, such as ourselves. This is notably the case for accuracy of model outputs, which are likely to improve.

• Allowing existing projects to continue using the current method is a positive that may see greater participation in the CSF in the future. This is due to project’s requirements being considered.

• We recommend that to capture the improved functionality and modelling accuracy achieved in the FullCAM update, it may be useful to consider applying the model more widely to projects. For instance, there may be scope to use the model for soil carbon projects.