Twig: The Adelaide Cleantech Network meets on the first Tuesday of each month for drinks and discussions, just like the RBA only more interesting. It’s an opportunity for those involved in the clean technology industries to get together to discuss topics of mutual interest. I attended last night’s session.
The drinks were much appreciated after a long day, but the highlight was two short talks on water and carbon trading. Bob O’Brien (of Percat), by way of explanation, linked the trade in water licences to the trade in taxi licences. Two topics that are not normally linked. In both cases the owner has a right to carry out a certain activity, and it is not the underlying commodity that is traded.
There are obvious similarities between the water and carbon markets. Both are growing rapidly in Australia. Both require the “cooperation” of different governments.
We’ll all be touched by developments in these markets and the world has started a new journey (hopefully). Does anybody want to a share a cab?