First industry carbon conference expo in October
THE carbon market is the talk of the town, even before the nation gears up for carbon trading. Experts in the field are gathering for the first industryhosted conference and expo, to be held on the Gold Coast on 30 and 31 October.
The Government is clearly committed to a national emissions market to reduce Australia’s carbon footprint,’’ says Tony Beck, chairman of the Asia- Pacific Emissions Trading Forum, one of the expo’s main hosts.
Carbon Market Expo Australasia 2008 reflects the interest in this new and growing market. The development of a global market for emission credits is growing rapidly in terms of trading volume and value.
Australian companies and governments need to tap into these developments if they are to share in the environmental and commercial benefits,’’ he says.
Other hosts of the expo are Environment Business Australia, the Queensland Government and Gold Coast City Council. Scheduled to showcase global expertise in carbon market, the expo could not have been timed better. In the next few months: The Government will release a Green Paper on the design of an emissions trading scheme;
The final report of the Garnaut Review will be made available;
The draft legislation on emissions trading will be released.
Climate change will be among the key discussion points as the Government shows its hand on how it plans to set the frameworks for carbon trading and establish the control mechanisms which will help Australia reach its emissions target.
The expo will help businesses get in step with solutions to the challenge of climate change,’’ says Fiona Wain, chief executive of Environmental Business Australia.
But more importantly, it will open doors to new commercial opportunities. The carbon market is not just about finding a price for carbon, its most significant role is to help drive the next great technological era,’’ she says.
Businesses will engage in the process of carbon footprint reduction, since it will be an important step in building their competitive advantage.
They will have to look at ways of reducing, managing, mitigating and offsetting carbon emissions, she says. A meeting of minds, such as the expo, will pinpoint where the commercial opportunity lies in adopting environmentally responsible practices’’.
Climate change: Ross Garnaut’s final report will soon be released