Carbon to become core business for Exporters

bradkerin Market Intelligence

Australian companies could potentially gain a competitive edge in key export markets by packaging local carbon credits with their products, according to Carbon Market Institute chief executive Peter Castellas.

The arrangement would give exporters of commodities such as alumina and LNG an important new tool to stand out from their rivals, and could finance a major expansion of carbon abatement activity within Australia, Castellas toldFootprint.

But the ability to “staple” credits to exports will depend on the design of new UN carbon rules, and on the Australian Government’s ability to negotiate favourable bilateral arrangements with other governments in the region, he said…READ FULL ARTICLE IN FOOTPRINT NEWS