ETS in Operation: Australia's Clean Energy Future Package (October 2012)
Date:
Oct 25, 2012
Venue:
Sydney, Australia
| October 25, 2012 | ||
| 1. Introduction | ||
| 9:00 | ||
| Robert Owen-Jones, Department of Climate Change and Energy Efficiency (DCCEE), Australia | ||
| Australia: Clean Energy Future Package | ||
| 2. Design Principles for Australia’s ETS’s Architecture | ||
| This presentation covered four design principles: i) A flexible mechanism capable of matching ambition and stability in policy settings; ii) Predictability in cap setting; iii) Ensuring the most efficient allocation of units; and iv) Lowest cost abatement. | ||
| 9:15 | ||
| Daniel Besley, DCCEE | ||
| Australia: Carbon Pricing Mechanism Architecture | ||
| 3. Determining Australian Carbon Pricing Coverage | ||
| This presentation focused on two issues that are important when determing carbon pricing coverage: i) Ensuring broad coverage and managing administrative complexity; ii) Putting liability where emissions are produced but providing flexibility where needed. | ||
| 10:00 | ||
| Andrew Pankowski, DCCEEE | ||
| Determining Australian Carbon Pricing Coverage | ||
| 10:45 | Break | |
| 4. The Carbon Farming Initiative (CFI): Australia’s Domestic Offset Scheme | ||
| This session introduced CFI, an initiavtive that allows farmers and land managers to earn carbon credits by storing carbon or reducing GHG emissions on the land. | ||
| 11:15 | ||
| Maya Stuart-Fox, DCCEE | ||
| Australia: The Carbon Farming Initiative | ||
| 5. Linking Australia’s ETS to the International Carbon Market | ||
| This session presented rationale for international linking te EU ETS with the Australian cap-and-trade. In addition, it covered role of overseas abatement and rules for use of international offsets. It also covered the role of the Climate Change Authority in determining eligibility of international offsets. | ||
| 12:00 | ||
| James White, DCCEE | ||
| EU ETS and Australian CPM Linking | ||
| 12:45 | Lunch | |
| 6. Moving to a Clean Energy Economy | ||
| The first part of this session was a presentation that included three important steps when moving to a clean energy economy: i) Industry consultations; ii) Industry assistance: preventing carbon leakage while maintaining abatement incentives (treatment of EITEs) and maintaining energy security; and iii) Supporting supply-side investment and demand-side drivers for clean energy and energy efficiency (ARENA, CEFC, household assistance). The second part gave the private sector perspective on the shift in actions for climate change mitigation. | ||
| 13:45 | ||
| Alexander Caroly, DCCEE | ||
| 14:45 | ||
| Martijn Wilder, Baker & McKenzie | ||
| Law Making for ETSs - a Private Sector Perspective | ||
| 15:15 | Break | |
| 7. The Clean Energy Regulator (CER) | ||
| This presenter explained CER's streamlined approach to the effective implementation and administration the key pieces of Australia’s climate change legislation. The National Greenhouse and Energy Reporting legislative framework and its interconnection with the ETS, including obligation to report, was mentioned. CER performs report validation, auditing, and compliance activities. It upholds public disclosure and confidentiality rules, and requires a robust administration and enforcement. | ||
| 15:30 | ||
| Lesley Dowling, Clean Energy Regulator | ||
| Australia: The Clean Energy Regulator | ||
| 8. ETSs in Operation | ||
| Representatives from four different countries and jurisdictions discussed cap-and-trade in operation. | ||
| 16:30 | ||
| Subho Banerjee, DCCEE | ||
| Marco Loprieno, European Commission | ||
| Guy Beatson, New Zealand | ||
| Mary Nichols, California | ||
| 17:30 | Wrap up | |
| End of event | ||