CARBON CREDIT GENERATION

LMS were the first company in Australia to trade carbon credits from the combustion of landfill gas, and manufacture the only landfill gas flare in Australia that has been approved for use in the recording and sale of carbon credits.

With over 9 years experience and involvement in the carbon credit market in Australia, there exists no other company with the insights into this expanding industry. LMS continue to work closely with the major players in this industry to ensure that supply of abatement can meet the growing demand and have contracts in place with major corporations.

Under the Department of Climate Change, Greenhouse Friendly Program, LMS have verified over 1,000,000 tonnes of abatement to date. LMS have been acknowledged by BP Australia as one of the most successful participants in the program which saw BP awarded with the international Green Helios and Human Energy award in London.

LMS are also currently progressing carbon credit trading off shore through the Kyoto based Clean Development Mechanism (CDM) framework. LMS are one of Australia’s most knowledgeable emissions trading company’s having already provided a significant contribution to world trades. Therefore, LMS are at the forefront of this evolving and exciting new industry and are well positioned to maximise any future developments.

‘Carbon credits’ and ‘emission reduction units’ are the terms used to collateralise greenhouse gas emission reduction activities. Carbon credits are typically measured as ‘one tonne reduction of carbon dioxide or equivalent’ or ‘CO2-e’. Greenhouse gases that have been identified through the Kyoto Protocol include: carbon dioxide (CO2); methane (CH4); nitrous oxide (N2O); and fully fluorinated compounds (PFCs, HFCs and SF6). Each gas has a different ‘global warming potential’ (GWP) and this is measured as a factor of CO2. For instance, methane is 21 times more effective in trapping heat as CO2, therefore a one tonne reduction of methane will result in 21 ERUs measured in CO2-e.

Download a PDF of the LMS Carbon Credit Flare brochure.