|
Day One, Wednesday 26 September 2007
|
| 08.30 | Registration and welcome coffee/tea
|
| |
|
| 09.00 | Introduction and opening remarks from the chair
|
| | Rob Fowler, Managing Director, Abatement Solutions Asia Pacific
|
| THE EMERGENCE OF THE GLOBAL CARBON MARKET |
|
| 09.05 | International Keynote Presentation:
Vision for a low carbon future – the convergence of science, economics, policy and technology
- Energy use and sustainability – are carbon markets enough?
- Global economic consequences of climate change
- Policy directions – gaining acceptance and regulatory involvement
- Barriers to technology adoption and transfer
- Achieving ROI from cleaner, more sustainable investment
|
| | Malcolm Keay, Director, World Energy Council, Energy and Climate Change Study 2005 - 2007
|
| 09.40 | Robust carbon management
- Designing the strategy
- Understanding your carbon footprint
- Deciding on your emission reduction and program offsets
- Communication for value protection and creation
|
| |
|
| 10.10 | Executive Panel Discussion:
The economics of climate change – carbon as the dominant commodity of the 21st Century
- Carbon dioxide: by-product of fossil fuel or a tradable commodity?
- Long term social and economic cost of carbon emissions trading
- How much of the cost of carbon will the consumers have to bear?
- Carbon emissions trade – delivering economic efficiency gains
- Australia’s unique challenges
|
| | Kurt Yeager, Chair, World Energy Council, Energy and Climate Change Study 2005-2007 Shane Oliver, Chief Economist and Head of Investment Strategy, AMP Capital Investors
|
| 10.50 | Morning Tea
|
| |
|
| INDUSTRY SPOTLIGHT – AUSTRALIA’S ENERGY SECTOR |
|
| 11.20 | Carbon trading, wealth transfers and the wounded bull
scenario
- Analysing the supply side dynamics in Australia
- The tipping point and CO2 clearing price in an isolated trading regime
- Structural changes to the supply side
- Implications arising from inadequate wealth transfers and the Wounded Bull Scenario
|
| |
|
| 11.50 | Investing the transformation of energy infrastructure:
moving towards a zero-emission model
- Investing in existing and emerging clean energy technologies
- What are the transition/adaptation costs
- Practical approaches to harvesting carbon credits
|
| | Tim Nelson, Manager - Environment Policy and Strategy, AGL
|
| 12.20 | Vertically integrated energy, vertically integrated carbon
- Meaning of carbon constrained for a vertically integrated energy company
- Opportunities and risks?
- Identifying your carbon abatement potential
|
| |
|
| 12.50 | Networking Lunch
|
| |
|
| CARBON INVESTMENT AND RISK MANAGEMENT |
|
| 13.50 | Methodologies for assessing carbon risk and applying it to ASX Companies
- Business implications for utilities, energy companies and ASX200
- Quantifying your companies exposure to climate risk
- Examining near and long term horizons
|
| | Bill Hartnett, Managing Director - Australasia, Innovest Strategic Value Advisors
|
| 14.20 | Interactive Panel Discussion:
Investment opportunities in climate change and the carbon market
- Investing in energy efficiency projects
- Carbon sequestration vs. emission reduction projects
- Institutional and private equity investment
- What will the move to a cap-and trade market solution mean for investors
|
| | Mark Byethway, Chief Executive Officer, Sustainable Investment Research Institute Andrew Gray, Executive Director - ESG Research, Goldman Sachs Jbwere Bill Hartnett, Managing Director - Australasia, Innovest Strategic Value Advisors
|
| 15.00 | Speed Networking
|
| |
|
| 15.30 | Afternoon tea and coffee
|
| |
|
| 16.00 | Setting innovators loose: How climate change can lead to profitable innovation and investment
- Delivering emissions reductions and gaining a competitive edge
- Creating products and ‘game changing’ clean-tech technologies
- What’s happening in Australia and internationally
|
| |
|
| OPENING AUSTRALIA’S CARBON MARKET |
|
| 16.30 | The outlook for Australia’s greenhouse gas emissions
- How are emissions likely to grow?
- International and Australian greenhouse gas emissions projections
- Will we adopt a target level for emissions reductions and by when?
|
| |
|
| 16.50 | Panel Discussion:
What is required to start trading? Critical design elements of a ‘Cap and Trade’ market scheme
- What should the long term objectives be?
- Designing a scheme that will apply to the entire economy
- The importance of sound measurement, monitoring, verfication and accuracy
- Coverage and compliance
|
| | Gregory Wong, Manager Middle Office & Strategic Development, Eraring Energy
|
| 17.20 | Champagne Roundtable Discussions
Roundtable 1: Building trust in carbon markets
Michael Molitor, Senior Advisor Carbon Management, PricewaterhouseCoopers
Roundtable 2: Carbon and sustainable investment – where do we stand now?Implications for: Analysts, Investors & Product Development
Mark Bytheway, CEO, Sustainable Investment Research Institute
Roundtable 3:The global carbon market – interoperability across schemes
|
| |
|
| 18.00 | End of Day One
|
| |
|
|
Day Two, Thursday 27 September 2007
|
| 08.30 | Welcome Coffee
|
| |
|
| 09.00 | Opening remarks from the chair
|
| |
|
| CARBON AS A LONGTERM CORPORATE STRATEGY |
|
| 09.10 | Keynote Address:
Impact of a carbon trading regime on Australia
- Carbon trading – an environmentally responsive and economically viable option to climate change
- Implications arising from carbon trading and its impact to the business
- Integral Energy’s leadership role
|
| |
|
| 09.40 | Achieving an economically efficient trading regime
- Economic efficiency gains
- What will the costs be?
- How should trading evolve?
|
| | Michael Knox, Director of Strategy and Chief Economist, ABN Amro Morgans
|
| 10.10 | Carbon neutrality and the rise of voluntary carbon markets
- How big is the energy sector’s carbon footprint?
- What is carbon neutrality and who defines it?
- Standardisation in the voluntary carbon market
- Ensuring voluntary schemes deliver results
|
| |
|
| 10.40 | Morning Tea
|
| |
|
| ENGAGING IN CARBON MARKETS |
|
| 11.10 | Panel Discussion:
Carbon trading, carbon offsets – operating in a carbon market
- Conducting business in a mandatory vs. voluntary carbon market
- Key attributes of carbon offsets
- Available offsets – energy efficiency, green energy, sequestration
- Establishing financial systems & institutions to account for offsets
- Carbon offsets & the rise of the retail market
|
| | Dinesh Babu, Director - Carbon Trading, Asia Carbon Group of Companies Sean Lucy, Director - Climate Change Services, PricewaterhouseCoopers Pranav Nahar, Emissions Trading & CDM Professional, & Former Country Director, EcoSecurities, India
|
| CLIMATE CHANGE ANDTHE INTERPLAY OF FINANCIAL MARKETS |
|
| 11.50 | Commercialisation of Carbon Credits (CER's)from renewable energy CDM Projects
|
| |
|
| 12.20 | Carbon market – where to next?
- CER and ERU markets – potential growth and likely constraints
- Examining China, India and other developing nations
- Carbon vs. energy commodities
- Examining supply, demand and price drivers in carbon markets
|
| |
|
| 12.50 | Networking Lunch
|
| |
|
| 13.50 | Carbon finance – managing operations in a carbon constrained world
- Price of carbon as a key criteria in making business and investment decisions
- Financial sector’s role in accelerating the development of low emissions technologies
- Debt and equity for carbon rich products and businesses
- Monetisation of future cash flows from sales of carbon credits
|
| | Tim Andriesen, MAnaging Director, Global Commodities Sales, National Australia Bank
|
| 14.10 | International address:
Regional carbon exchanges – where, when and how
- Carbon market exchanges: simplifying transactions, reducing risks and creating price transparency
- Understanding how liquid the market is/will be
- What infrastructure is lacking?
- Linking to the EU ETS – challenges and options
|
| | Dinesh Babu, Director - Carbon Trading, Asia Carbon Group of Companies
|
| 14.40 | The financial market infrastructure required to underpin a successful ETS
- The likely evolutionary path for the financial markets
- The role for an Australian exchange and clearing house
- Lessons to learn from other markets
|
| | Anthony Collins, Genral Manager Emerging Markets, Australian Stock Exchange
|
| 15.10 | Afternoon Tea
|
| |
|
| PROJECT BASED OPPORTUNITIES FOR EMISSION REDUCTIONS |
|
| 15.40 | Case study:
Carbon trading: No silver bullet but a promising path to a greener future
- Opportunities under CDM
- Australian renewable energy companies – making forays into the international carbon market
- Wind farm development opportunities in Australia and abroad
|
| |
|
| 16.10 | Case study:
Carbon Sequestration projects
- Differing approaches to accrediting abatement
- The impact of deforestation on conservation, biodiversity and development
- Emerging market for environmental services
|
| |
|
| 16.40 | End of day two and close of conference
|
| |
|
|
Day Three, Friday 28 September 2007
|
| Separately bookable full-day post-conference masterclass |
|
| A practical guide to carbon trading |
|
| 08.30 | Registration and welcome coffee
|
| |
|
| 09.00 | Commencement of masterclass
Carbon markets – international and domestic drivers
- Global policy response with reference to the Kyoto Protocol, Asia Pacific Partnership, European Union Emissions Trading Scheme
- Proposed State based emissions trading scheme
- Outcomes and implications from the Prime Minister’s Emissions Trading Taskforce
Participating in carbon markets
- Carbon credits and their characteristics including reference to Australian and international instruments
- How to create credits?
- Trading carbon credits?
- Opportunities for Australian businesses and investors
Managing carbon risks
- Risk management audit
- Addressing regulatory, project risk and counterparty risk
- Illustrative impacts on companies in different sectors
Managing your liability
- What is your liability?
- Contractual and compliance obligations your business will face
- Carbon neutrality and issues to do with voluntary emissions reductions
- Examples from Australia and overseas |
| |
|
| 16.30 | Close of Masterclass
|
| |
|
