The Climate Markets and Investment Association (CMIA) has appointed local Australian carbon market expert, Jennifer Lauber Patterson as the Regional Head of the CMIA for Australia and New Zealand. And energy and carbon management firm Pangolin Associates have recently launched a Carbon Strategy & Risk Report service in Australia, to help organisations capture direct and indirect cost increases associated with the impending carbon tax. Read More

PRESS RELEASE, 8th May 2012: The Climate Markets and Investment Association (CMIA) has appointed local Australian carbon market expert, Jennifer Lauber Patterson as the Regional Head of the CMIA for Australia and New Zealand establishing a physical branch in Melbourne to more effectively support the needs of its members in this rapidly developing market.

Miles Austin, Director, CMIA is excited that Ms Lauber Patterson is representing the CMIA in the Australian market.

“Jennifer’s physical location and significant experience in the carbon markets will provide great support for our policy and advocacy work not only in Australia, but also in New Zealand and other Southeast Asian countries,” said Mr Austin.

Ms Lauber Patterson will build on the significant work already undertaken by the CMIA’s Australia and New Zealand working group under the leadership of Paul Curnow, climate change law expert and partner at Baker McKenzie.

“It is great to get involved with, and represent, the CMIA in Australia,” said Ms Lauber Patterson.

“With all that is happening in the Australian carbon market it is invaluable to have access to the expert knowledge of the CMIA.

“Another industry body supporting the establishment of efficient and robust carbon markets here in Australia is the Carbon Market Institute (CMI). An exciting development is that we have recently developed a partnership between the CMIA and the CMI to provide support for the transition to a low

About the Climate Markets and Investment Association

The Climate Markets and Investment Association (CMIA) is an international trade association representing over 60 companies that finance, invest in and provide enabling support to activities that reduce greenhouse gas emissions. The CMIA’s membership accounts for an estimated 75% of the global carbon market, valued at USD 120 billion in 2010. Solely representing organizations what provide services to and invest in the environmental sector, the company is well placed to provide a unique advocacy platform which emphasizes environmental integrity of market mechanisms and climate change policies.

About Jennifer Lauber Patterson Jennifer Lauber Patterson, co-founder and executive director of Frontier Carbon, is one of the most influential people in the sustainability and carbon sector as voted in the ABC Carbon’s 100 Global Sustain Ability Leaders. A respected specialist in the energy, renewable and carbon markets and a thought leader in low carbon finance solutions and strategy, Jennifer’s reputation is built on a track record of more than 20 years’ experience. Before transitioning to banking in 2004 she held a number of senior roles in the energy industry. Jennifer established the electricity and carbon markets business at ANZ and recently developed the NABs carbon trading capability. Jennifer is Head of the Climate Markets & Investment Association for Australia, New Zealand, Singapore and Indonesia, acts as a non-executive Director of Yarra Energy Foundation and is on the CMI Education Advisory Panel of the Carbon Market Institute.

Source: www.cmia.net

PRESS RELEASE 23 MAY 2012

Carbon tax looms – are you ready?

Energy and carbon management firm Pangolin Associates have recently launched a Carbon Strategy & Risk Report service. Pangolin helps organisations capture direct and indirect cost increases associated with the impending carbon tax.

Matthew Curnow, Joint Managing Director of Pangolin, says: “Australia’s Carbon Pricing Mechanism will be the biggest change to Australian business since the GST, yet with just over a month to go few companies have a strategic plan in place.

“The Carbon Strategy and Risk Report is a tool for strategic planning – a critical part of the budgeting process,” Mr. Curnow adds. “It allows a business to substantiate any price increases they may need to pass on to their customers due to the price on carbon.”

Pangolin’s auditors can interpolate potential costs through the most carbon intensive areas of a supply chain, as based on financial accounts and invoicing data. It was the University of Sydney’s Integrated Sustainability Analysis Research team that developed the robust modelling behind the report.

The Carbon Strategy and Risk Report includes:

• Calculations on financial data based on products and services procured over the course of a typical trading year.

• Detailed carbon risk exposure profile.

• Likely impact of the Carbon Pricing Mechanism over 4 years, starting from the first year of the fixed-price period (1 July, 2012).

• Quantifiable risks and the estimated impact on operating costs and your bottom line.

• Carbon risk management and cost and emissions mitigation strategies.

• Input/output: supply chain emissions

Questions you need to ask:

1. Do you understand how the carbon price will impact your organisation?

2. Do you understand how the carbon price might affect existing or new contracts you might be signing?

3. When your supply chain passes through higher costs due to the Carbon Pricing Mechanism, do you know how much is justified?

4. Do you know which costs and how much you can pass on to your clients?

5. Do you understand the ACCC guidelines for passing on these costs?

About Pangolin Associates

Pangolin Associates has offices in Sydney, Adelaide, Canberra and Perth. The firm helps organisations across Australia increase efficiencies, reduce costs and stay competitive in the carbon economy. Pangolin’s team has comprehensive, accredited experience in carbon and energy. Auditors leading the assessment team are registered with the Australian Government’s Department of Climate Change and Energy Efficiency and the Clean Energy Regulator.

Source: www.pangolinassociates.com.