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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 "Hence Rate-payer concerns when in Aug 2019 the Inner West Council "communicated" its "Climate and Renewables Strategy" (On-line version not a PDF file) with figure 7 which stated each household would pay for 41 Tonnes per annum for "Unsustainable Consumption through the supply chain of goods and services they purchase" as well as 6 Tonnes per annum for each household's own consumption in perpetuity starting 2025 !" Wed 11 Oct 2023 Recipient: 61xxxxc1 REF: AECOJBn1 IN THE PUBLIC INTEREST Y/R: Rate-payers & Councils Dear Councillors UNDERSTANDING CARBON CREDITS AND CARBON OFFSETS On 23 Sep 2023 a document titled "The Ultimate Guide to Understanding Carbon Credits" was published "Everything you need to know about Carbon Credits, Carbon Offsets, Voluntary and Compulsory Carbon Markets and Investment Opportunities" It appears that there are different types of carbon markets including cap-and-trade systems, voluntary carbon offset markets and compliance markets The compliance market is used by companies and government that by law have to account for their Greenhouse Gas [GHG] Emissions. It is regulated by mandatory National, regional or international carbon reduction regimes Please note Carbon Dioxide emissions is only 1 of 6 Greenhouse Gas Emissions (Greenhouse gases consist of carbon dioxide, methane, ozone, nitrous oxide, chlorofluorocarbons, and water vapour) According to the "The Ultimate Guide to Understanding Carbon Credits" "A carbon market allows investors and corporations to trade both carbon credits and carbon offsets simultaneously. This mitigates the environmental crisis, while also creating new market opportunities. New challenges nearly always produce new markets, and the ongoing climate crisis and rising global emissions are no exception. The renewed interest in carbon markets is relatively new. International carbon trading markets have been around since the 1997 Kyoto Protocols, but the emergence of new regional markets have prompted a surge of investment. However what is most interesting to note is the fact "In the United States, no national carbon market exists, and only one State - California - has a formal cap-and trade program" NEXT STEPS Hence Councillors it is worth reviewing "The Ultimate Guide to Understanding Carbon Credits" in case your rate-payers want to know why Australian Councils are levying Carbon Credits when US Council rate-payers do not have to comply with the Kyoto protocols All feedback appreciated Yours sincerely Peter AXTENS LLB (Retired) Stephen GOULD Chair - NSW Digital Economy Review Cmt Chair - On-line eBusiness Cmt SUSTAINABILITY ACTION NETWORK OPEN INTERCHANGE CONSORTIUM B: PO Box 517 Neutral Bay Junction 2089 E: ehn.1a3posgg@gmail.com M: {61}(4)1600-9468 W: www.oic.org/SAN Mon 11 Sep 2023 Recipient: 61xxxxc1 REF: AECOIBn1 IN THE PUBLIC INTEREST Y/R: Rate-payers & Councils Dear Councillors OR WAS BREXIT ABOUT ESTABLISHING A UK-ETS FOR LONDON TRADERS ? In our last email we provided evidence that many Australian Local Government Agencies purchase Carbon Credits in London to offset Australian Councils' Carbon footprints It appears that the UK leaving the European Union in 2020 via BREXIT may have been about establishing a Carbon Credits trading platform in UK London [UK-ETS United Kingdom Electronic Trading System] for Commonwealth Local Government Agencies [CLGA] rather than have those Commonwealth LGAs Carbon Credits participate in European Community Greenhouse Gas Emissions trading system [EU-ETS] ! A Background to 2003 EC decision on greenhouse gas emission targets B 2016-2020 Timeline for BREXIT by the United Kingdom C 2021 UK Electronic Trading Scheme A Background to 2003 EC decision on greenhouse gas emission targets (1/52) Directive 2003/87/EC of the European Parliament and of the Council(4) establishes a scheme for greenhouse gas emission allowance trading within the Community (Community scheme) in order to promote reductions of greenhouse gas emissions in a cost-effective and economically efficient manner. (2/52) The ultimate objective of the United Nations Framework Convention on Climate Change (UNFCCC), which was approved on behalf of the European Community by Council Decision 94/69/EC(5), is to stabilise greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system. In order to meet that objective, the overall global annual mean surface temperature increase should not exceed 2 C above pre-industrial levels. The latest Intergovernmental Panel on Climate Change (IPCC) Assessment Report shows that in order to reach that objective, global emissions of greenhouse gases must peak by 2020. This implies the increasing of efforts by the Community, the quick involvement of developed countries and encouraging the participation of developing countries in the emission reduction process. (3/52) The European Council of March 2007 made a firm commitment to reduce the overall greenhouse gas emissions of the Community by at least 20 % below 1990 levels by 2020, and by 30 % provided that other developed countries commit themselves to comparable emission reductions and economically more advanced developing countries contribute adequately according to their responsibilities and respective capabilities B 2016-2020 Timeline for BREXIT Following a UK-wide referendum on 23 June 2016, in which 51.89 per cent voted in favour of leaving the EU and 48.11 per cent voted to remain a member, Prime Minister David Cameron resigned. On 29 March 2017, the new British government led by Theresa May formally notified the EU of the country's intention to withdraw, beginning the process of Brexit negotiations. The withdrawal, originally scheduled for 29 March 2019, was delayed by the deadlock in the British parliament after the June 2017 general election, which resulted in a hung parliament in which the Conservatives lost their majority but remained the largest party. This deadlock led to three extensions of the UK's Article 50 process. The deadlock was resolved after a subsequent general election was held in December 2019. In that election, Conservatives who campaigned in support of a "revised" withdrawal agreement led by Boris Johnson won an overall majority of 80 seats. After the December 2019 election, the British parliament finally ratified the withdrawal agreement with the European Union (Withdrawal Agreement) Act 2020. The UK left the EU at the end of 31 January 2020 CET (11 p.m. GMT). C 2021 UK ELECTRONIC TRADING SCHEME [UK-ETS] 1. Overview The UK Emissions Trading Scheme (UK ETS) replaced the UK's participation in the European Union Emissions Trading Scheme (EU ETS) on 1 January 2021. The UK, Scottish and Welsh Governments and Northern Ireland Department of Agriculture, Environment and Rural Affairs - collectively making up the "UK ETS" Authority - established the scheme to increase the climate ambition of the UK's carbon pricing policy, while protecting the competitiveness of UK businesses. The UK ETS is established through The Greenhouse Gas Emissions Trading Scheme Order 2020. The UK was instrumental in developing the "EU ETS" and the UK scheme provides continuity of emissions trading for UK businesses. Many of the features and processes in the UK scheme will be familiar to installation operators and aircraft operators. The "UK ETS" Regulators are responsible for enforcing compliance with the "UK ETS" Regulations, including operational functions such as issuing and ensuring compliance with permits (for installations) and emissions plans (for aviation). The regulators for each of the UK nations, controlled waters, territorial sea and the UK sector of the continental shelf are listed in article 10 of The Greenhouse Gas Emissions Trading Scheme Order 2020 NEXT STEPS Hence the question was BREXIT really about establishing a UK Electronic Trading Scheme for the benefit of the UK and Commonwealth Public or for the benefit of those who fund and operate the UK-ETS ? All and any responses appreciated Yours sincerely Peter AXTENS LLB (Retired) Stephen GOULD Chair - NSW Digital Economy Review Cmt Chair - On-line eBusiness Cmt SUSTAINABILITY ACTION NETWORK OPEN INTERCHANGE CONSORTIUM B: PO Box 517 Neutral Bay Junction 2089 E: trustee.thd@gmail.com M: {61}(4)1600-9468 BLOCKCHAIN & CRYPTOCURRENCY REGULATION 2023 Contributing Editor: Josias N. Dewey Fifth Edition 2023 A Industry chapters - 2 B Expert Analysis chapters - 17 C Digital Edition chapter - 1 D Jurisdiction chapters - 31 CONTENTS AUTHOR COMPANY PAGE Preface Josias N. Dewey, Holland & Knight LLP Glossary Consensys: A Blockchain Glossary for beginners Foreword Daniel C. Burnett, Enterprise Ethereum Alliance A INDUSTRY CHAPTERS - 2 Aa The bumpy road forward - cryptoassets, blockchain and the continued evolution of global markets Ron Quaranta, Wall Street Blockchain Alliance 1 Ab White House comprehensive framework on digital assets Jason Brett & Whitney Kalmbach, Value Technology Foundation 9 B EXPERT ANALYSIS CHAPTERS - 17 Ba Blockchain and intellectual property: A case study Ieuan G. Mahony, Brian J. Colandreo & Jacob Schneider, Holland & Knight LLP 14 Bb Cryptocurrency and other digital asset funds for U.S. investors Gregory S. Rowland & Trevor Kiviat, Davis Polk & Wardwell LLP 30 Bc Decentralized finance:The revolution continues - current regulations & impacts of cross-chain bridgeSolutions Angela Angelovska-Wilson, Greg Strong & Sarah Chen, DLx Law 45 Bd Legal considerations in the minting, marketing and selling of NFTs Stuart Levi, Eytan Fisch & Alex Drylewski, Skadden, Arps, Slate, Meagher & Flom LLP 58 Be Cryptocurrency compliance and risks: A European KYC/AML perspective Fedor Poskriakov & Christophe Cavin, Lenz & Staehelin 77 Bf The regulation of stablecoins in the United States Douglas Landy, James Kong & Stephen Hogan Mitchell, White & Case LLP 94 Bg A day late and a digital dollar short: Central bank digital currencies Richard B. Levin & Kevin R. Tran, Nelson Mullins Riley & Scarborough LLP 108 Bh A custodial analysis of staking D Lopez, B Hammer & K Witchger, Cleary Gottlieb Steen & Hamilton LLP 122 Bi Trends in the derivatives market and how recent fintech developments are reshaping this space J Gilmour, V Kalijnikoff Battaglia & T Purkiss, Travers Smith LLP 135 Bj Tracing and recovering cryptoassets: A UK perspective Jane Colston, Jessica Lee & Yeva Agayan, Brown Rudnick LLP 145 Bk Blockchain taxation in the United States David L. Forst & Sean P. McElroy, Fenwick & West LLP 158 Bl Crypto M&A: Current trends and unique legal and regulatory considerations Dario de Martino & Mara Goodman, Allen & Overy LLP 167 Bm U.S. sanctions and cryptocurrency: Recent developments and compliance considerations R J. Gonzalez & J S. Carey, Paul, Weiss, Rifkind, Wharton & Garrison LLP 184 Bn The law of the metaverse Violetta Kokolus, Joshua Jackson & Jonathan Iwry, Ropes & Gray LLP 193 Bo The emergence of DAOs: From legal structuring to dispute resolution Alexandru Stanescu & Tudor Velea, SLV Legal 204 Bp Blockchain-driven decentralisation, disaggregation, and distribution -industry perspectives Marcus Bagnall, Nicholas Crossland & Ben Towell, Wiggin LLP 219 C DIGITAL EDITION CHAPTER - 1 Ca Morphing: A (labour of) love story… OR token morphing isn't dead Joshua Ashley Klayman, Linklaters LLP Angela Dalton, Signum Growth Capital 237 D JURISDICTION CHAPTERS - 31 Da Andorra JM Alfín Martín-Gamero, M P Laporta & D D Custodio, Fintax Andorra 240 Db Australia Peter Reeves, Robert O'Grady & Emily Shen, Gilbert + Tobin 252 Dc Austria U Rath, T Kulnigg & D Tyrybon, Schönherr Rechtsanwälte GmbH 265 Dd Bahamas Aliya Allen, Graham Thompson 273 De Bermuda S Rees Davies, C Ball & A Fox, Carey Olsen Bermuda Limited 281 Df Brazil Luiz Felipe Maia & Flavio Augusto Picchi, Maia Yoshiyasu Advogados 293 Dg Bulgaria Ivan Nikolaev, Danail Petrov & Tihomir Todorov, Nikolaev and Partners Law Firm 308 Dh Canada A d'Anglejan-Chatillon, R K. Grewal & É Lévesque, Stikeman Elliott LLP 318 Di Cayman Islands Alistair Russell, Chris Duncan & Jenna Willis, Carey Olsen 329 Dj Cyprus Akis Papakyriacou, Akis Papakyriacou LLC 337 Dk France William O'Rorke & Alexandre Lourimi, ORWL Avocats 346 Dl Gibraltar Jonathan Garcia, Jake Collado & Joey Garcia, ISOLAS LLP 357 Dm Hong Kong Gaven Cheong, Tiang & Partners Peter B. Brewin & Adrian A. Clevenot, PwC Hong Kong 367 Dn India Nishchal Anand, Pranay Agrawala & Dhrupad Das, Panda Law 378 Do Ireland Keith Waine, Karen Jennings & David Lawless, Dillon Eustace LLP 391 Dp Italy Massimo Donna & Ferdinando Matteo Vella, Paradigma - Law & Strategy 402 Dq Japan T Nagase, T Tanaka & T Fukui, Anderson M?ri & Tomotsune 410 Dr Luxembourg J Pascual, B Elslander & C Petit, Eversheds Sutherland LLP 421 Ds Mexico C Valderrama, A P R Chamorro & A S A Betancourt, Legal Paradox® 434 Dt Netherlands Robbert Santifort, Ilham Ezzamouri & Natalia Toeajeva, Eversheds Sutherland 442 Du Norway Ole Andenæs, Snorre Nordmo & Stina Tveiten, Wikborg Rein Advokatfirma AS 456 Du Portugal F L Marques, M Albuquerque & D Veríssimo M, GTeles, da Silva & Associados471 Dw Romania Sergiu-Traian Vasilescu & Luca Dejan, VD Law Group Flavius Jakubowicz, JASILL Accounting & Business 482 Dx Singapore Kenneth Pereire & Lin YingXin, KGP Legal LLC 494 Dy Spain A Aliño, O López-Ibor Jaume & A A S Röhl, López-Ibor Abogados, S.L.P 504 Dz Switzerland D Haeberli, S Oesterhelt & Ar Wherlock, Homburger 513 D1 Taiwan Robin Chang & Eddie Hsiung, Lee and Li, Attorneys-at-Law 528 D2 Thailand Jason Corbett & Don Sornumpol, Silk Legal Co., Ltd 535 D3 Turkey/Türkiye Alper Onar & Emre Suba, Aksan Law Firm 540 D4 United Kingdom C Kerrigan, E Federis & A Burdzy, CMS Cameron McKenna Nabarro Olswang LLP 554 D5 USA Josias N. Dewey & Samir Patel, Holland & Knight LLP 569 2023/01/14 GLI Australian "Blockchain & Cryptocurrency Legal Regulation 2023" 2019-2022 COVID-19 pandemic: NSW report to 30 Dec 2022 in past 7 days, 27,655 new cases and 32 deaths 2019/06/26 Submission to Inner West Council for Blockchain Waste Management Joint-Venture 2019/04/09 CSIRO-Dara61/ACS Apr 2019 "Blockchain 2030 - A Look at the Future of Blockchain in Australia" 2018/04/10 UNDP - Cryptocurrency for Volunteers - Project Management Resources for project 5.3 2018/03/27 UNDP - EWB link ICT project 5.3 schools with limited electricity in Zambia 2018/03/21 UNDP - Please identify the "Development Challenges" for UNDP in Zambia 2018/03/07 UNDP - Update proposed RUBAC Cryptocurrency project for UNDP Projects 2018/02/28 Prime Minister - NZ leads the way on eAddress Standard in 2017 - problems with legacy 2002-2017 ? 2018/02/19 Prime Minister - Free Trade Agreements [FTA] so like the Treaty of Waitangi - are they in the Public Interest ? 2018/01/31 UNDP - away in New Zealand for 2 weeks - skype meeting in early Mar 2018 2018/01/26 Councillors - NZ Councils with Community Board members could be leading the way with RUBACs for Volunteers 2018/01/16 Councillors - On-line Council Committee Papers & Cryptocurrencies 2017/12/18 UNDP - need for uniform laws with eCredits process - can the UN develop them ? 2017/12/12 UNDP - Proposed RUBAC project partnership plan with UNDP Zambia 2017/11/30 RSLs - Can you assist Councils create a local Volunteer Cryptocurrency - RUBACs ? 2017/11/17 Chambers of Commerce - How many Councils use a Volunteer Management Scheme ? 2017/11/07 Chambers of Commerce - can your Council help promote your members through On-line Council papers ? 2017/10/24 Councils be aware - “Blockchain” to add Public cost not improve distribution ? 2017/10/10 "Blockchain" and the $ Multi-Million Diamond Heists - are they connected ? 2017/09/22 "Bitcoin" may have to be viewed as speculative while "Blockchain" is here to stay 2017/09/15 Is Gold Dealer trading in Bitcoin linked to the Energy Crises ? 2017/08/21 Aus Energy Trader - the First Australian "Cryptocurrency & Blockchain" ICO 2017/07/28 Additional Research on "Cryptocurrencies like Bitcoin & Blockchain" Technologies 2017/06/30 Further Research into Potential of 'Bitcoin & Blockchain' Technologies 2017/06/05 Diamonds, the 1874 UPC and the impact in 2014 of ‘Blockchain’ on the Diamond market 2017/05/29 'Bitcoin' apparently 1 of 830 'alt-coins' - is Silicon Valley leading the deception ? 2017/05/22 Feedback on 'Student Debt' & 'Blockchain' issues 2017/05/08 Student Debt - Melbourne University to test 'Blockchain' to record student credentials 2016/11/07 ADHA eHealth - Further Articles 'For' and 'Against' Blockchain Technologies 2016/10/24 ADHA eHealth - 'Health Information Security' issues and concerns with new "Blockchain" Technologies NEWSLETTERS TO PPWC, SAN MEMBERS, OIC MEMBERS & CONTACTS 2020-2022 08 Dec 2022 Councillors - articles on Power issues, Cryptocurrencies & Climate Change - are they related ? 10 Nov 2022 Councillors - impact of 1066 French invasion on current Local Government processes 17 Oct 2022 Councillors - understanding the impact of Climate Change Policies overseas 12 Sep 2022 Councillor - Transparency with Local Government Elections - is it transparent ? 10 Aug 2022 Local Government Act 2020 has changed the way Councils inform their Rate-payers 11 Jul 2022 Are banks encouraging the use of cryptcurrencies eg ANZ ? 03 Jun 2022 Many Councils have Electricity as highest source of Greenhouse Gas emissions 28 Apr 2022 Local Government & the Emissions Reduction Fund [ERF] - Projects that earn Councils Carbon Credits 31 Mar 2022 Rate-payers be aware 5 articles in AFR Thu 24 Mar 2022 re Carbon Credits & Cryptocurrencies 15 Dec 2021 Zali - can you find "GovDex" user list on Government Websites ? 22 Nov 2021 Zali - Review recent articles by Senator Matt CANAVAN, Pata CREDLIN & Rupert MURDOCH 29 Oct 2021 Microsoft - "Public Interest" people who own/rent properties are ratepayers - 5 Carbon Trust Standards 12 Oct 2021 Microsoft - request speedy arbitration for email account that has been disabled 10 Sep 2021 Zali - Issues discussed Thu 09 Sep 2021 including The Carbon Trust & The Gold Standard locations 09 Sep 2021 Zali - Examples UK 2006 business KPIs - suitable for Aus councils 2025 ? 23 Aug 2021 Vic IRT - Consent to publish Submission Vic Local Gov allowances for Mayors, Deputy Mayors & Councillors 18 Aug 2021 Zali - Private Member's Bill re Council KPIs to offset COVID-19 costs, Waste Mgt & Climate Change issues ? 16 Aug 2021 Vic IRT - Submission Vic Local Gov allowances for Mayors, Deputy Mayors & Councillors 11 Aug 2021 Zali - NZ Councils Volunteer Community Boards & Nth Sydney Volunteer Precincts 14 Jul 2021 Zali - 2014 Report Volunteer Time over $ 25 Billion per annum - will help pay off COVID-19 Debts ! 15 Jun 2021 Zali STEGGALL OAM MP - Can Volunteer Time System help pay off COVID-19 Debts ? 18 Mar 2021 Peter FITZSIMONS - ARM is 2025 the year for Household Carbon Credit Levies ? 18 Feb 2021 Peter FITZSIMONS - ARM Using legislation to keep Carbon Credits in Australia 14 Jan 2021 Peter FITZSIMONS - please corroborate Research on Council Carbon Credit Offset schemes 2020 08 Dec 2020 Why RSLs members could be interested in Council Carbon Credit Offset Schemes 16 Nov 2020 Public Interest - Clare reply to question re NZ Councils' Landfill Carbon Credits budget shortfalls Nov Public Interest - Aus Councils' carbon credit strategies based on 2011 Aus Federal Legislation 19 Oct 2020 - Andrew tks response re Logan City Council "waste-to-energy" Initiative Oct Public Interest - "some Councils have been purchasing Carbon Credits since 2008" Sep Public Interest cf "Junk Mail"-"Public Officials have over-arching obligation to act in Public Interest" Aug "Hull Coin" Clr - 2007-2009 Record of Aus Council implementing Carbon Credits Jul Councillor - Thank you for email - Tax-payer & Rate-payer issues of concern Jun Questions received re Council's Greenhouse Gas 18-yr Strategy 2018-2028 Jun History of Council's Greenhouse Gas 18-yr Strategy 2018-2028 May History of Carbon Credit implementations in NSW 2007-2010 Apr History of meetings and submissions to IWC since Jul 2019 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
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