FAQ

Permagen is an Australian-owned carbon developer. We work with landowners to farm carbon. The Permagen team brings 50+ years’ experience in delivering green projects and has raised $10bn+ in public markets. We most recently brought Genex Power (ASX:GNX) from a standing start to an ASX-listed, dominant renewables operator with an asset base in excess of $1bn. Permagen’s head office is in Sydney and its founding board members include Simon Kidston, Ben Guo and Harrison Holihan.

Partnering with Permagen allows you to focus on what you do best – managing your land. We fund the planting of the trees for carbon and consult closely with you in its design. You as the landowner, receive a share of that income over 25 years. We will take care of the registration, maintenance and reporting. This means you have no capital at risk and can generate passive income.

Permagen will complete an initial assessment (at no cost). If suitable, we will advise you of the potential payments to you including your % share of the projects future carbon credits. The next steps beyond that point are a site visit, documentation, and registration prior to planting.

Permagen can provide you with a project timeframe once we complete our initial assessment. We typically allow for 6 to 9 months from that initial assessment and a decision to proceed. 

Get in touch with the Permagen team through our website onboarding page, or emailing info@permagen.com.au. We would love to connect with you.

To help meet its international obligations, in 2014 the Federal Government established the $2.5 billion Emission Reduction Fund (ERF) where landowners may make money by selling carbon offsets in this voluntary market.

The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia through the administration of the ERF, National Greenhouse and Energy Reporting scheme, and Renewable Energy Target.

In most cases, we will plant mixed-species native to the area. Land have must be mostly clear of existing forest for the last 5 years. Our low-density planting method supports co-located grazing after the initial years. Other designs such as high-density plantings, shelter belts and biodiversity plantings are also available. 

A project term is approx. 25 years and landowners are restricted from grazing during years 1-5 (term 1), with grazing reintroduced in yrs 6-25 (term 2). 

A project requires a minimum 5 years from any prior human-clearing activity before that area can be planted for carbon credits.

There is no obligation under the ERF rules to maintain and protect the project trees after the permanence period. Rules for vegetation clearing return to the pre-project state, with laws typically set by Local Government and Council. 

Permagen can complete an initial free assessment and to get started we would like to know your property boundaries (e.g. Lot and DP details) for us both to understand the potential of a tree planting (carbon) project. At some point we would also like to understand current fence-lines/paddocks and information about land use and history.

ACCU stands for Australian Carbon Credit Unit where one ACCU represents 1 tonne of CO2 equivalent emissions avoided or sequestered (stored)/removed from the atmosphere.

Permagen’s modelling will provide you with an estimate of the project’s ACCUs. Actual realised ACCUs over the project life will depend on various factors including the environment, implementation of land management plans and force majeure.  

There is no mandatory minimum, where Permagen’s proprietary software and assessment criteria have identified your land as relevant to being high(er) yield as a tree planting (carbon) project. 

ACCUs prices in recent years has varied between $25 and $55 per ACCU and are regularly traded between market participants. We are optimistic on the future price but do not have a prediction.

Fire, flood and other climate & environmental conditions, together with land management practices, impact how much carbon project performance and results.

Any disturbance event that impacts the project will result in a temporary pause in claiming ACCUs for the affected area, until that area returns to its pre-disturbance condition. 

Permagen’s planting design is focused on mixed native species in low-density. Species are carefully selected based on nursery and forester advice to tolerate local conditions on each site. These native species have evolved to the local conditions and disturbance events over millions of years, and are able to recover from most disturbance events, and in some instances, require these events to regenerate and thrive. Permagen also follows high quality land-management practices, such as inclusion of fire breaks, allowance for access tracks, and integrated grazing to reduce fuel load. 

Your tree planting (carbon) project involves a legal contract and agreement which has a 25+ year term and attaches to the property. Any future sale of the property will require disclosure and the new owner required to complete the project including its various terms & conditions, If the new buyer is not prepared to continue with the project, then those ACCUS already issued will need to be returned/repaid to the Federal Government (ERF) and all future ACCUs foregone.

Permagen can facilitate the selling of your ACCUs. ACCUs will be issued periodically for the duration of the 25 year project. ACCUs are an ASIC backed commodity and can be sold or held within a Registry known as the Australian National Register of Emissions Unit, in your ACCU Account.