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Emissions trading to bring ag opportunities: Rabobank – National Rural News – Agribusiness and General – Finance – Stock Journal

Emissions trading to bring ag opportunities: Rabobank
farmonline Stock journal 15/09/2008 Significant opportunities will emerge for Australian agriculture to benefit from moves to address climate change, according to a leading international expert in the field.

Head of policy at British-based carbon specialist investment banking house Climate Change Capital (CCC), Kate Hampton, says the potential commercial opportunities presented by the transition to a low-carbon economy were considerable for Australian farmers and agribusinesses.

But she says the sector must engage with government and participate in the policy debate to address climate change…………………………….

She said that although Australia’s contribution to overall global carbon emissions was relatively small, there was a clear potential for ‘first-mover’ advantage by being a world leader in addressing climate change.

This was especially the case for agriculture, where the combination of fundamental demand for food from a growing world population and the need to, at the same time, reduce carbon emissions from farming would bring clear commercial benefits for those who could achieve this in the longer term.

Emissions trading to bring ag opportunities: Rabobank – National Rural News – Agribusiness and General – Finance – Stock Journal

Tags: renewables, energyefficiency

September 15, 2008 - Posted by Christina Macpherson | ENERGY