Carbon to be the biggest global commodity market by 2012

Adapting to the emerging carbon constrained economy will become vital to business success in the face of increasing regulation and pressure from consumers according to Carbon Planet, one of the first companies certified as Greenhouse Friendly by the Department of Climate Change.

Carbon Planet helps businesses and individuals manage their contribution to global warming and claims to be the first carbon management company with certified Greenhouse Friendly products and services.

The company founder and executive director Dave Sag said carbon will be the single biggest commodity market in the world by 2012.

“The carbon market is already in excess of US$30 billion annually and is experiencing unprecedented exponential growth, doubling every eight months. The market size by 2010 is expected to be well in excess of US$100 billion and will continue to grow,” Sag said.

“The carbon constrained economy is upon us and businesses that don't start adapting now will face increasing pressure on their operations from clients, staff and suppliers, as well as through domestic and international legislation. Remaining ignorant of your place in this new economic order is simply not an option."

It’s not just about keeping up with regulation — consumers are already making purchasing decisions based on climate change initiatives. And businesses that embrace carbon management now could be the ones that attract and retain the best employees in the future.

Carbon trading is still an emerging concept for most Australian businesses and Carbon Planet is working to demystify the carbon constrained economy. The company will show visitors to the Australian Carbon Trading Expo how its tools and services can help individuals and businesses reduce or remove their carbon footprint and stay ahead of increasing regulation surrounding climate change.

"This event will generate much-needed awareness in the new carbon trading economy and highlight the role of market-based emission reduction solutions in resolving the issues surrounding climate change in Australia,” Carbon Planet's carbon commerce director, George Krichauff, said.

Visitors to the inaugural three-day expo will have the opportunity to find out more about the company’s standards-compliant emissions auditing and carbon credit trading services, as well as the creation and commercialisation of carbon credits.

The Australian Carbon Trading Expo will run from 29 April – 1 May 1 at the Melbourne Convention & Exhibition Centre.

 For more information, contact Australian Exhibitions & Conferences Pty Ltd on (03) 9654 7773.