Day 2 of the Carbon Expo began with the same energy, enthusiasm and focus of Day 1.  It started with a panel of Australian ex-pats who are working within the climate change industry across the globe. It brought insight into the success and learnings of the European ETS, the rollout  and challenges of Clean Development Mechanism (CDM) and the challenges that exist at a global level in shifting Asia towards a carbon centric economy.

Hearing from Australians about the perception of Australia by the rest of the world, it became clear that while Australia used to be on the forefront of trading emission scheme design, we have become a bench warmer for the last few years.  With the Rudd government’s attention on the CPRS we will once again move to become a leader – certainly within the Asian market where we punch above our weight. While our carbon output is small, on a global scale our potential to influence world policy debates and channel investments into clean technology development in emerging nations is great, but only if we have a story to tell of how we are succeeding back home.

With a focus back on home of current policy debate, the treasury model and CPRS design, the discussion moved to what  industry will be like once implementation begins, considering issues of the role the regulator will play, auditing standards of carbon accounting, impacts of capping the carbon price, how the industry will develop the necessary skills shortage and supply chain impact among other things.

The conference had a great range of workshops focusing on specific challenges and topics of debate and an exhibition of over 100 business representing the emerging industry, showing positive signs that private business was positioning itself to help tackle the problem – all supplementing the main plenary sessions.

As the inaugural Carbon Markets Expo, Greensense would rate it as a success and as the conference closed there was a clear, overwhelming need that it return next year.

The image below shows the exhibition hall at the conference.

Tags: Carbon Expo

This entry was posted on Monday, November 3rd, 2008 at 7:37 am and is filed under Emissions Trading (CPRS), Events. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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