The olive oil industry in Australia has been growing at a rapid rate over the past decade. It is forecast to continue growing due to the steady increase in demand for olive oil and olive products in the local and regional market. However, the olive oil extraction process generates large amounts of solid waste called olive husk which is currently underutilized. This paper uses life-cycle methodology to analyse the carbon emission reduction potential of utilizing olive husk as a feedstock in a mobile pyrolysis unit. Four scenarios, based on different combinations of pyrolysis technologies (slow versus fast) and end-use of products (land application versus energy utilization), are constructed. The performance of each scenario under conditions of uncertainty was also investigated. The results show that all scenarios result in significant carbon emission abatement. Processing olive husk in mobile fast pyrolysis units and the utilization of bio-oil and biochar as substitutes for heavy fuel oil and coal is likely to realize a carbon offset greater than 32.3 Gg CO2-eq annually in 90% of the time. Likewise, more than 3.2 Gg-C (11.8 Gg CO2-eq) per year could be sequestered in the soil in the form of fixed carbon if slow mobile pyrolysis units were used to produce biochar.