Caltex fires up to buy Indigenous carbon credits  Updated June
06, 2013 13:03:12  Audio: ILC sells carbon credits to Caltex
(ABC Rural)  An Indigenous fire abatement project in the
Northern Territory has just sold over $517,000 worth of carbon
credits to oil refiner Caltex Australia.  Managed by the
Indigenous Land Corporation (ILC), the Fish River Station
project, south of Darwin, generates its credits through an
early-season burning methodology that reduces the frequency of
late season wildfires.  ILC operations manager Shaun Ansell says
over the last two years the fire project has generated 25,884
credits, which have been sold to Caltex for more than $20 each.
"We're very happy with the price we've got and there is of
course other benefits that come from this project," he says.
"Everyone's incredibly pleased and probably a little bit
relieved that we've been able to pull this off.  "Because it's a
new thing, a new industry, it's a new market, and to actually
navigate it and have the money in the bank so