The MEM Seminar Series 2006/2007	Abstract The Kyoto Protocol came into force when Russia ratified it in Nov 2005. The European Union has taken an aggressive lead in using the Kyoto instruments of trade in emissions. Some member states of the EU have actively pursued carbon abatement projects in Asia in which tradable carbon credits are created. In its first year of operation, trade in carbon instruments on the EU ETS alone exceeded 10 billion euros. The price rose as high as 26 euros. The following year saw a major correction in the price as the flaws in original allocations became evident. At the same time, the science of climate change points with increasing certainty to man-made CO2 emissions being the cause. The Stern Report from the UK put economic rigour to the question. The fourth IPCC report of Feb 2007 served to confirm the predictions on the extent of climate changes and focussed on the likely regional differences. The necessary responses remain adaptation and abatement. Adaptation means physically being prepared for the impacts of hotter, wetter times with greater extremes. Adaptation also means taking economic advantage of the shift in commercial externalities which will flow from having to pay for the privilege of putting greenhouse gases into the atmosphere. Mr Stuart McCreery will explore the evolution of the carbon economy and discuss some the key developments in the field. About the Speaker Mr McCreery is a Senior Associate at Evans & Peck and has extensive experience in all phases of project delivery. He started as a structural design engineer, working in Australia, UK, Hong Kong and the Sudan. He moved to construction management with Transfield, to contracts management on the Sydney Harbour Tunnel and to design management on the Melbourne City Link with Baulderstone-Hornibrook. He has held senior positions on major projects and was Project Director responsible for the delivery of many of the sports venues for the Sydney 2000 Olympics in which the philosophies of environmental responsibility were built into physical structures and organisational frameworks. Mr McCreery has more recently concentrated on engineering with an environmental and sustainability emphasis. He was national engineering manager in EWT where he played a leading role in the establishment of co-composting facilities in the alternative waste management and resource recovery industry. He currently acts as Project Director for the refurbishment of the Sydney law courts. His wide project delivery expertise and leadership means that he is capable of driving optimal engineering outcomes in a project delivery context where there are simultaneous needs for outcomes in time, cost, quality and environment. His commitment to environmental sustainability and strong capabilities in project delivery ideally places him for the role of practice leader within Evans & Peck for services in the field of climate change and the associated carbon economy. He is currently leading a study into the design of an auction system for emission permits for a possible future National GHG Trading System.
Public Seminar on “Climate Change and Push into the Carbon Economy.” By Mr Stuart McCreery Senior Associate Evans & Peck
Wednesday, 21 March 2007 12.00pm – 2.00pm LR425 (Lecture Room 425) SDE 3 Level 4
All are Welcome Please email Ms Wong Mei Yin for registration e-mail Telephone: 6516 1663