Vote of confidence in the development of the Emissions Reduction Fund as leading executive joins Corporate Carbon Advisory to provide carbon project aggregation services.
Corporate Carbon Advisory today announced that Gary Wyatt joined as an Executive Director.
Gary Wyatt is a recognised expert in engineering, markets and finance. In his most recent role he was head of energy trading for ANZ Banking Group in Sydney, Australia. In this role he built a market leading trading desk covering the local and international environmental and carbon certificate markets. Gary holds an MSc in Electrical Engineering and a BSc (honours) in Financial Mathematics. After a successful career as a consulting engineer, he moved into banking and finance, and now brings this wealth of engineering, markets and finance experience to Corporate Carbon Advisory.
Matthew Warnken, Managing Director of Corporate Carbon Advisory acknowledged Gary’s specialist skills which will be put to good use in the upcoming Emissions Reduction Fund (ERF). ‘Gary is a recognised expert in the field of energy and environmental markets having spent several years running energy trading desks for banking institutions. Gary will be focused on expanding Corporate Carbon’s activities in trading and financing of carbon abatement certificates under the Emissions Reduction Fund.’
Corporate Carbon Advisory will be building on the experience gained under the Carbon Farming Initiative (CFI) to offer a one stop shop solution for carbon abatement projects, under the new ERF framework. Corporate Carbon Advisory has built a strong base of projects and loyal clients under the CFI, and is well positioned to transition into the new regulatory ERF environment.
Gary Wyatt observed that the ‘CFI is outperforming its initial projections, showing that an incentive based scheme can be a powerful influencer on abatement project development. We are confident that there will be sufficient political support to keep the CFI alive and not leave Australia in a carbon vacuum. For companies who are willing to be flexible and innovative, the ERF offers good opportunities as a funding mechanism for abatement projects’.
Companies that are interested in generating carbon credits from emissions reduction projects and selling these into the ERF should contact Corporate Carbon. Likewise, any liable entities that are interested in purchasing Australian Carbon Credit Units before the final surrender date in February 2015.
For further information, contact:
+61 418 238 040
+61 458 567 992
About Corporate Carbon Advisory
Corporate Carbon Advisory has been at the forefront of carbon development in Australia and has successfully delivered end-to-end solutions under the CFI, including being the first Australian private company to author a carbon offsets methodology and translate this into Australian Carbon Credit Units (ACCUs). Corporate Carbon Advisory has originated, traded and monetised nearly one million tonnes of abatement for clients and project partners.