CMI Welcomes California Senate Delegation

bradkerin Market Intelligence

Working in collaboration with the Victorian Department of Environment, Land, Water & Planning (DELWP), the Carbon Market Institute recently hosted a government and business delegation from the US State of California, to discuss natural resource management and economic decarbonisation.

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Held at Sustainability Victoria‘s Melbourne Offices, the forum brought together leadership from the business, labor, community and environmental sectors with elected and appointed officials in roundtable discussions concerning the fundamental environmental and economic infrastructure issues.

Led by the California Foundation on the Environment and the Economy (CFEE), the Californian Delegation included very senior government representatives from both sides of the California legislature, including the president of the Senate, Senator Robert De Leon, as well as business and NGO leaders from Chevron, The Nature Conservancy, the California Alliance of Auto Manufacturers and the Independent Energy Producers Association. The Delegation met with a range of representatives from DELWP and Australian Business, hearing the Australian story from Telstra, AGL, Qantas, the Clean Energy Regulator and Sustainability Victoria.

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The forum enabled participants to share knowledge and experiences in addressed climate change, energy and emissions reductions from a business and policy perspective. With California currently suffering from widespread drought, discussions around Australia’s world-class water management systems was particularly useful for delegates, whilst hearing of California’s success in decoupling growth from carbon emissions has brought new ideas to our Australian market.

CMI is excited to build on this relationship between California and Victoria, and look forward to carbon market development collaborations in the future.