A representative from the regulatory body for the Carbon Pollution Reduction Scheme (CPRS) will attend the Australasian Carbon Market Expo later this month on the Gold Coast.
Deputy secretary of the Australian Climate Change Regulatory Authority (ACCRA) Geoff Leeper, will discuss the forward role of the organisation which overlooks all operations of the scheme.
Described by the Federal Government as ‘the most significant economic reform since the opening of the Australian economy’, the CPRS will require affected businesses to buy a pollution permit for each tonne of carbon they emit to the atmosphere.
Major roles of the newly formed ACCRA include maintaining a registry to record the ownership of emissions permits, assessing the liabilities of eligible entities and promoting and enforcing compliance with the scheme. Scheduled for introduction in 2011, the affects of the CPRS on business is expected to be a major talking point at the Australasian Carbon Market Expo.
The much anticipated event will involve international carbon market leaders sharing knowledge and experience of global carbon market trends and developments.
The event will feature panellists and speakers from all over the world including Australian Carbon Trust chair Robert Hill, and the global head of environmental financial products at London’s Macquarie Bank, John Marlow.
Environment Business Australia, whose top priority is to raise awareness about the solutions to environmental challenges which affect the economy, is hosting the Expo at the Gold Coast Convention Centre from October 26-28.
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