Hyperledger | Blockchain SIG | Blockchain TED Videos | IBM Blockchain for Diamond Ind | RUBAC Video | RUBAC Projects | Disclaimer | Copyright
Home | Review Minutes | A: Our Inner West 2036 | B: Community Strategic Plan | C: Vision Statement | D: 5 Strategic Directions | E: Key Community Challenges 

	INNER WEST COUNCIL "PETERSHAM PARK 10-YEAR PLAN Mar 2020-2030"

PPWC Jun 2020 Newsletter - Questions re IWC Carbon Credit Strategy 2018-2028

Mon 29 Jun 2020			IN THE PUBLIC INTEREST				Recipient: 61C2xxxx
REF: pPPLFTq1								Y/R: Petersham Park 10-yr Plan 2020-2030

	QUESTIONS RECEIVED RE COUNCIL CARBON CREDITS STRATEGY

Thank you for questions submitted by sms and email following the Jun 2020 newsletter

A number of very interesting questions have been received including these:

1  What other Councils have declared a Climate Emergency ?

According to the City of Sydney Website over 900 Councils across 18 Countries declared a Climate 
Emergency by 06 Feb 2020 prior to the Covid-19 Pandemic being announced with Scotland being the 
first country in April 2019 closely followed by the rest of the UK

This web-site states as at 23 Feb 2020 1,400 local Councils in 28 Countries have made Climate 
Emergency declarations

2  Could a Council become a Carbon Credits wholesaler ?

Currently Carbon Credits can only be purchased through an approved Financial Broker

According to the Bundle Financial Broker web-site they are "authorised to provide financial advice and 
deal in carbon units and renewable energy for wholesale clients"

You may want to contact Council to ask if they are a Carbon Credits wholesaler

3  How do you find out which Financial Broker(s) your council uses to purchase Carbon Credits ?

You need to contact your Council to ask which Financial Broker(s) the Council uses to purchase 
Carbon Credits  - there could be several including:

1  one for the council emissions which are currently 22,000 Tonnes per annum

2  one for the rate-payer emissions which are 6 Tonnes per household per annum

3  one for the 41 Tonnes of Greenhouse Gas Emissions [GGE] per household per 
    annum for "Unsustainable Consumption"

4  If you pre-purchased Carbon Credits how do you inform your Council ?

Each Council will have a different way of dealing with this issue so you need to contact your
Council to ask how they deal with this Issue

5  How does purchasing Carbon Credits assist with Climate Change ?

This is a good question which back in Feb 2020 we had asked Prof Manfred LENZEN who carried out 
the research at Sydney University for the Inner West Council

As yet we have not been be able to find anybody who can clearly explain why purchasing Carbon 
Credits assist with Climate Change

This is the response from Google 

"Do carbon offsets actually help the planet?

"The short answer is yes, go ahead, says Kate Ervine, a professor of international development 
studies at Saint Mary's University and author of Carbon - but only if you've done your homework 
and an offset isn't the sum total of your strategy to fight climate change" This isn't about fixing the 
problem.

6  Can you Trade Carbon Credits ?

We are still researching this issue of Carbon Credit trading

However here is an extract from a recent paper 

"Carbon trading also referred to as emissions-trading has become a hot topic in recent months, 
particularly with the World Climate Conference in Copenhagen. 

And not all may be aware but there is now an emerging market in carbon derivatives and CFD traders 
are already speculating on future carbon emission values. 

It is a market which is very much in its infancy, and some find it difficult to understand. 

The proposed programs allow emitters of carbon pollution to release a certain amount of the gas, for 
which they receive a permit. 

These permits can be bought and sold, allowing a polluter who improves their performance to sell 
spare credits and receive money for the reduction achieved. 

This creates a financial incentive against which to offset the cost of implementing the improvement. 

The basic premise is that heavy polluters are thus forced to acquire expensive permits for the right to 
keep polluting while those who manage to reduce their carbon footprint are able to sell on excess 
permits to those who failed to do so."

7 How can we improve our local waste management for climate change impact ?

As the IWC has been holding courses for 12 people each February, there may be local waste 
management committees in the future as there are 249 parks in IWC area

However the "Petersham Park Waste Collective [PPWC]" has spent the last 12-months trying to work 
with our Council to improve Park waste management including keeping dog poo out of the water 
catchments - unfortunately with little response from Council

We will endeavour to provide further details in following Newsletters

Regards

Clare GARDINER						
Researcher							
PETERSHAM PARK WASTE COLLECTIVE [PPWC]

B: PO Box 117 Petersham 2049
E: PPWC.rs1@gmail.com
M: {61}(4)4827-8153
W: www.oic.org/SAN/612131


This Newsletter provides some background on when Greenhouse Gas Emissions were first 
monitored and how Carbon Credits can be purchased to offset those Greenhouse Gas Emissions

A	Background to Greenhouse Gas Emissions monitoring
B	How Carbon Credits can be purchased to offset those emissions

A	BACKGROUND TO GREENHOUSE GAS EMISSIONS MONITORING

In 1992 the United Nations established a Framework Convention on Climate Change [UNFCCC] 
which is an International Environmental Treaty first signed at the Earth Summit in Rio de Janeiro 
from 03 - 14 Jun 1992 signed by 154 Countries including Australia

The framework sets non-binding limits on greenhouse gas emissions for individual countries and 
contains no enforcement mechanisms. 

Instead, the framework outlines how specific international treaties (called "protocols" or 
"Agreements") may be negotiated to specify further action towards the objective of the UNFCCC.

The parties to the convention have met annually from 1995 in Conferences of the Parties (COP) to 
assess progress in dealing with climate change. 

In 1997, the Kyoto Protocol was concluded and established legally binding obligations for 
developed countries to reduce their greenhouse gas emissions in the period 2008-2012.[4] 

The 2010 United Nations Climate Change Conference produced an agreement stating that future 
global warming should be limited to below 2.0 °C (3.6 °F) relative to the pre-industrial level.[5] 

The Protocol was amended in 2012 to encompass the period 2013-2020 in the Doha Amendment, 
which as of December 2015 had not entered into force. 

In 2015 the Paris Agreement was adopted, governing emission reductions from 2020 on through 
commitments of countries in Nationally Determined Contributions (NDCs), with a view of lowering 
the target to 1.5 °C.[6] 

The Paris Agreement entered into force on 4 November 2016.

It appears that these Climate Change Conferences have decreed that Carbon Credits can be
purchased to offset Carbon Emissions although the research to confirm this issue continues

B	WHERE DO YOU PURCHASE CARBON CREDITS ?

It appears that Carbon Credits can only be purchased through an approved Financial Brokerage

Examples of Australian Carbon Credit providers are Bundle, Greenfleet and Carbon Neutral

A	Bundle
B	Greenfleet
C	Carbon Neutral

A	BUNDLE (extract from Bundle web-site Sat 23 May 2020)

Bundle (a member of the Point Group) is a dedicated brokerage and procurement service working 
across various sustainability and environmental markets internationally. 

We specialise in voluntary carbon offsets, forward sales and strategic procurement services.

Our services include:

1	Carbon Offsets: 

	We can assist with all of your voluntary carbon requirements, including project selection, 
	due-diligence, carbon neutrality, offset acquisition, 

	Climate Active compliance, 

	Net Zero strategies and retirement services.

2	Forward Contracts: 

	Our team of brokers have forward contracted more than 70+ million tonnes internationally 
	using Emission Reduction Purchase Agreements (ERPAs) in the primary carbon market 
	since 2010.

3	Procurement Services: 

	Our team of specialists can create and customise a bespoke procurement solution for 
	your organisation to help meet your carbon neutrality objectives both now and into 
	the future.

Why Use Bundle?

The international carbon market is currently in a state of flux as it transitions from the old Kyoto 
Protocol to the new Paris Agreement. 

We help our clients navigate the various options open to them, including the ability to manage both 
short and medium term price risk. 

As brokers we remain independent at all times, which allows us to source the most appropriate 
offsets for our clients and design turnkey procurement solutions.

About Us

Our team is made up of specialists with more than 12 years' experience in international carbon 
markets. 

We work closely with a network of brokers, agents and partners globally to deliver market leading 
solutions.

Point Bundle (via Point Advisory Pty Ltd) is an AFS Representative (No.1265232). 

We are authorised to provide financial advice and deal in carbon units and renewable energy for 
wholesale clients.

B	GREENFLEET

Originally developed as a project of The Foster Foundation, Greenfleet was launched in October 
1997 to offer Australian motorists a tree-planting program to re-capture CO2 emissions, and 
promote fuel-efficient technologies to reduce emissions at the source. 

It was the first program of its kind, at a time when climate change was still a disputed 
phenomenon.

Officially recognised and trusted

Greenfleet is an authorised Corporate Representative of an Australian Financial Services 
Licence*. 

With a number of projects registered under the Emissions Reduction Funds with the Clean Energy 
Regulator, leading authorities and major voluntary offsetters see Greenfleet as Australia's most 
knowledgeable and environmentally responsible offset provider. 

Our strong relationships with many of Australia's leading companies arise from Greenfleet's 
scientific credibility and market leadership. 

They also reflect Greenfleet's commitment to help corporate supporters gain full public and 
employee recognition for contribution to the protection of Australia's natural heritage.

Currently, our focus is on providing packages with Climate Active for organisations that wish to 
become carbon neutral.

C	CARBON NEUTRAL 

With over ten years experience, Carbon Neutral is expert in assessing energy management. 

Whether you work in an office, factory or warehouse, reducing energy costs and consumption is easier than you think.

By measuring your carbon footprint or investigating your energy use through an energy audit, you can:

a	Identify practical ways to be more efficient and cut costs
b	Meet supply chain environmental demands and attract new, environmentally aware clients
c	Increase brand value by proudly promoting your environmental effort to customers

CARBON FOOTPRINT

The first step for any carbon management program is to understand the current carbon footprint 
(baseline measurement). 

This allows targets to be set and to quantify benefits from better managed emissions.

Carbon Neutral can calculate your carbon footprint consistent with the Greenhouse Gas Protocol
and the National Carbon Offset Standard.

"The Greenhouse Gas Protocol (GHG Protocol) is the most widely used international 
accounting tool for government and business leaders to understand, quantify, and 
manage greenhouse gas emissions"

A Data Collection Tool will be provided for staff to easily collate the required information relating to 
the relevant emission sources of your organisation. 

This is used to capture activity data relating to greenhouse gas emissions.

PPWC is endeavouring to assist the Community to understand these new Strategies and work 
with the IWC to help with waste management and Climate Change initiatives 

Regards

Clare GARDINER						
Researcher							
PETERSHAM PARK WASTE COLLECTIVE [PPWC]

B: PO Box 117 Petersham 2049
E: PPWC.rs1@gmail.com
M: {61}(4)4827-8153
W: www.oic.org/SAN/612131
.

Hi Local Petersham Park Residents - this newsletter can be reviewed On-line here

A	Update Anaerobic Digestions [AD] processes in Australia
B	History of Climate Change and Carbon Credits 2007-2010

A	UPDATE ANAEROBIC DIGESTIONS [AD] PROCESSES IN AUSTRALIA

Further to the PPWC Apr 2020 newsletter there have been some very interesting talks on 
ABC Radio about enhance resource management including a talk on Thu 30 Apr 2020 by 
Associate Professor Dena FAM of the Institute for Sustainable Futures at the University of 
Technology Sydney [UTS] 

This talk was about the potential of "Biogas Digestion" to become an energy source for bio-
waste in every household

According to the Short History of Anaerobic Digestion [AD] Biogas systems have been 
implemented since the initial system in Bombay India 1859 with currently over 44% of the 
World's biogas plants implemented in Europe 

"The majority of biogas plants in Australia - upwards of 50 - are associated with municipal 
waste treatment facilities. Commercial operations include Melbourne Water and Sydney 
Water, which use sewage as their biogas feedstock .Jan 13, 2015" 

More information about "Anaerobic Digestion in Australia" can be reviewed here

B	HISTORY OF CLIMATE CHANGE AND CARBON CREDITS IN NSW 2007-2010

It is also very interesting reviewing old newspaper articles about Carbon Credits as it seems 
little has changed in 10 years

On Fri 16 Apr 2010 Ben CUBBY Environment Editor Sydney Morning Herald [SMH] wrote 
"Saving $ 35 worth of Carbon Cost $ 104,000" (Att A)

The NSW Climate Change Fund, which was set up in Jul 2007, renovated a Sylvania 
Public School building at a cost of $ 104,000 to save 1 tonne of Carbon Dioxide value $ 35

"More that half of the 26 Public projects funded in the 2008-2009 financial year valued 
carbon at more than $ 1,000 a tonne almost 30 times its estimated market value !"

And Councils were eligible for Grants from the NSW Climate Change Fund including Manly 
Council which "was granted $ 154,000 to install energy saving floodlights at Manly Oval 
saving 17 tonnes of Carbon Dioxide" (17 x $ 35.00 = $ 595.00 per annum)

However who is monitoring how long the Council Floodlights stay on each day to minimise 
Rate-Payers Carbon Credit liabilities as 91% of the Inner West Non-Residential carbon 
emissions are caused by electricity consumption {Att B) ?

Regards

Clare GARDINER						
Researcher							
PETERSHAM PARK WASTE COLLECTIVE [PPWC]	

B: PO Box 117 Petersham 2049
E: PPWC.rs1@gmail.com
M: {61}(4)4827-8153
W: www.oic.org/SAN/612131


I	Other Inner West Council Documents that are part of the CSP2036

	a	Strategies
	b	Plans
	c	Statements
	r	Research References

a	Strategies

Is1 Resourcing Strategy [ReS] 2018-2028 Adopted Jun 2018- PDF File		
Is2 Climate + Renewables Strategy [CRS] - draft On-line		
Is3 Employment and Retail Lands Strategy [EaRLS] - PDF File		
Is4 Housing Strategy [HS] - PDF File
Is5 Integrated Transport Strategy [ITS] Adopted 03 Mar 2020 - PDF File
Is6 Asset Management Strategy [AMS]2018-28 Adopted Jun 2018 - PDF File		
Is7 Workforce Management Strategy [WMS] 2018-22 Adopted Jun 2018 - PDF File		
Is8 Information and Communication Technology [ICT] Strategy 2018-2022 Adopted Jun 2018 - PDF File

b	Plans

Ip1 Community Strategic Plan [CSP] 2036 Endorsed Jun 2019 - On-line
Ip2 Economic Strategic Development Plan [EDSP] draft - On-line
Ip3 Long Term Financial Plan 2019-2029 Adopted Jun 2019 - PDF File

c	Statements

It1 Local Planning Statement [LPS]		

r	References

R6 2019-01-19 Adelaide Advertiser: Compensation paid to Slave Owners 1835 - 2015 (180 yrs)

R5 2003-2014 Value of Volunteers to Australian State Economies

R4 2014-11-07 IBM "Blockchain" solution for the Diamond Industry Video

R3 1997 Lessons from a Dozen Years of Group Support Systems Research - 4,000 IBM projects

R2 Sir Evelyn de Rothschild - Director De Beers 1977-1994 & IBM UK 1972-1995

R1 1987-04-23 RUBAC Automatic eProcess Synchronisation Video

Home | Project Minutes | Our Inner West 2036 | Community Strategic Plan | Vision Statement | 5 Stratgic Directions | Key Community Challenges 
   Blockchain SIG | Blockchain TED Videos | IBM Blockchain for Diamond Ind | RUBAC Video | RUBAC Projects | Disclaimer | Copyright

<